Well. It's already happening here.
They have predicted the samething.
[QUOTE=mdeceiver79;50046857]You're right about everywhere else being messed up but the US isn't without issues.
(from link in op)
Employment alone is a poor metric, only good if you want to brag about something. Quality of employment should be taken into account.[/QUOTE]
Quality of employment is measured by wages and quitting rates. Currently, lots of people are quitting their jobs, the most in a long time. This is a GOOD thing. When people quit their jobs, that usually means they have a fallback plan, they don't just go onto the streets.
This is why most economists expect wages to increase soon. This is what the US government has been waiting for and was originally planning to increase our interest rates quite a bit this year, but they're holding off because of the world economy - it looks like garbage.
example: [url]http://money.cnn.com/2015/04/03/news/economy/jobs-wages-salary-quitting/[/url]
I'm surprised it isn't higher considering the uncertainty for the future of the EU, China and lots of trouble in South America.
[QUOTE=Passing;50047958]Well. It's already happening here.
They have predicted the samething.[/QUOTE]
Your government had the genius idea to turn your state into a raw materials exporter instead of supporting local manufacturing, services and green energy. It's a buyer's market on commodities, so ya your SoL becaude China is slowing down
[QUOTE=Saxon;50051078]I'm surprised it isn't higher considering the uncertainty for the future of the EU, China and lots of trouble in South America.[/QUOTE]
We have the benefit of not being first in the hole. We were the ones that fucked up big time in 2007 by doing something really dumb and everyone else followed, but right now we're actually doing really well for ourselves and everything is kinda sorta OK financially. We [i]might[/i] be able to ride out a non-US recession without a whole lot of damage.
[editline]1st April 2016[/editline]
and yes, "fucked up big time" is the exact language I used in my master's dissertation on this topic
[QUOTE=CoixNiro;50046683]Holy shit, Ghost was right.[/QUOTE]
He would know.
He's a capitalist.
[QUOTE=Silence I Kill You;50047560]Yes. This one is correct, not the one saying 4.9%.[/QUOTE]
you realize if you choose that standard, you have to judge every other year by the same standard right?
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