mai said:
Yeah, yeah, let's parade phony numbers, GDP "growth", the "utter destruction" of Russian economy, "healthy" stock market thanks to buybacks, M&As, LBOs and other crap that ups capitalization and have nothing to do with actual productive activity. Whatever media is craming down our throats. Let's do not talk about the shale, the leading job-creating sector in the economy for all past years.
Oh, oh, I know what the world needs! Here's a press-release: "From the leading brand of the debt-making industry and the creator of an irreplaceable IOU, now presenting... a GFY (Go F**k Yourself), a new series of innovative products that will create jobs and ultimately save the world economy. GFYs are specifically made for european and asian markets, and especially popular among women thanks to their sleek design and black rubber skin. Do not miss, buy now! Call 555-GOFY. Stock is limited. (No warranty, no returns accepted.) FedRes Inc., 2015"
Jokes aside, spare me from the recovery stuff, there'll be no recovery in conventional sense of the word. I gave my prognosis, if anyone have better ideas -- share. |
Job numbers going up in non shale states too. Anyway I'm not American so I'm not being biased. America will go from strength to strength over the next 10 years








