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Message Subject 88 Million (1 in 3 Americans) Are Invisible to Government Un-Employment Statistics! Real rate is 20% or more!
Poster Handle LoVeLiGHT420
Post Content
I bring more proof again that most do not consider.

And that is the Baltic Dry Index. It is the indicator that shows the shipment of goods across the seas.

At it's peak it was well over 11,000.

It is still under 1000.

[link to www.bloomberg.com]

If we were in full recovery I would imagine that index would be around 5000 + now.

People are not buying like they did in the past.

It's just not happening. Goods are not being shipped across the high seas at nearly the rate the "robust economy" says there should be.

They are lying to us. It's hopium and bullshit.
 Quoting: Anonymous Coward 1357677


Yep, very true indeed!

hopium definition from urban dictionary:
a political narcotic distributed by vested economic interests that makes moderate social liberalism, ethnicity, individual purity of heart, and soaring rhetoric appear to be substantive progressive change; co-optation of the left by vested economic interests
"The health care bill is a triumph of hopium over experience."
 
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