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US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis

 
Doom Lover
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07/24/2012 09:22 AM
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US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
U.S. manufacturing grew at the slowest pace since the economy emerged from the financial crisis in 2009 this July, new data out of MarkitEconomics shows.

The headline manufacturing index declined 80 basis points during the month to 51.8.

Economists polled by Bloomberg had forecast a narrower fall to 52.0

[link to www.businessinsider.com]
FatalW1shes

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07/24/2012 09:47 AM

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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Last time I went to Fry's electronics at around 11:30 am it was dead.

I mean there were 5 check out people and I had my choice.....

Almost nobody walking around the store...

Either everybody is shopping online, or the economy is truly dead.
MultiStrada

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07/24/2012 09:51 AM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The decade of defense is over.

NOT.

The only thing we build in this country are weapons and weapon delivery systems. Oh yeah, and paperwork. Lots and lots of paperwork.hiding
Therion156
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07/24/2012 11:32 AM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The cycle follows: first yields (interest rates, dividends, profit, etc.) dissappear...secondly, when yield is no longer available, the capitalist system makes up for lost yield by increasing volume (more sales, capital gains in lieu of interest or dividend payments, etc.)....in an attempt to make up for lost yields...it is the transgenerational "volume" cycle that induces lower general prices that makes people feel richer, when they feel richer they take on great amounts of debt that they cannot repay! They cannot repay because yield (profit) doesn't exist, and sooner rather than later their employer must dismiss them when excess debt begins to diminish or decline volume .... when the system loses both major yield & volume, economists call it a depression.....
pool
Netizen Ribbonmind

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07/24/2012 11:37 AM

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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Welfare corporations spawned by Obama.
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
Anonymous Coward
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07/24/2012 11:40 AM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
There's no demand for our products anymore. We don't make anything worth a fuck anymore. who the hell is shopping for a new bed or a new dresser or some new furniture? Not many people,huh? See? It's all just BS!
Life's-A-Bitch

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07/24/2012 11:46 AM

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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis

the crisis of ....
The inauguration of Barack Obama as the 44th President of the United States of America took place on Tuesday, January 20, 2009.
Today is 7/23/2012 , so George Bush the 43 President has had all power as it concerns the Presidency taken from him for the past 1278 days or so. President Obama has been the ACTIVE President. So can you Obamatards please tell me how exactly ANYTHING happening today, some 1278 ( one thousand two hundred seventy- eight) days later
365 less 20 days in 2009= 345 days in 2009
365 days in 2010
365 days in 2011
And
203 days in 2012 .
So, Mr. Obama has had complete control of the Office of Presidency for give or take 1278 days !!!!!!!

:Obama Math:
Just because YOU don’t believe
in the Rougarou; or the Loup Garou,
don’t make you safe; No !

"The trouble with socialism is that you eventually run out of other people's money."

"If there must be trouble, let it be in my day, that my child may have peace" -- Thomas Paine

"They must find it very difficult...
Those who have taken authority as the truth, Rather than truth as the authority."
- Gerald Massey
Anonymous Coward
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07/24/2012 11:52 AM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The decade of defense is over.

NOT.

The only thing we build in this country are weapons and weapon delivery systems. Oh yeah, and paperwork. Lots and lots of paperwork.hiding
 Quoting: MultiStrada


Not completely true! Apparently China makes some of our military stuff.


'Made in China': U.S. Military Finding Fake Chinese Electronics in Gear At Alarming Rate - [link to www.liveleak.com]
MultiStrada

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07/24/2012 12:01 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The decade of defense is over.

NOT.

The only thing we build in this country are weapons and weapon delivery systems. Oh yeah, and paperwork. Lots and lots of paperwork.hiding
 Quoting: MultiStrada


Not completely true! Apparently China makes some of our military stuff.


'Made in China': U.S. Military Finding Fake Chinese Electronics in Gear At Alarming Rate - [link to www.liveleak.com]
 Quoting: Anonymous Coward 18768713


Yep, that's kinda why I yelled NOT.
Anonymous Coward
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07/24/2012 12:32 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Maybe we should give Obama another trillion dollars for companies like Solyndra. wall
Therion156
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07/24/2012 12:38 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
It is axiomatic to anticipate manufacturing & employment to seriously decline in the absence of yields combined with cascading volumes, one only needs to look at Dow Transports & Baltic Dry Index to verify the facts! But why is yield & volume dropping? Answer: Creative Destruction! The post WWI & WWII industrial economy is being updated....the capitalists have sold obsolete plant & equipment to third world China... consider the economy that grew up around wood hulled sailing ships, there were people who supplied cotton for sails, trees for masts & hulls, nails, etc. And the government bought these ships for military use along with private shipping companies... alas but When the technically more efficient steel hulled steam ship was introduced, the wood hulled sailing ship was immediately obsolete. Do you think the obsolete VESTED sailing industry went down w\o a fight? They bribed politicians & corrupted the system in a fatal attempt to save their long time industry. Most of the specialized wood hull industries & employees lost their jobs & incomes... Same thing is happening today as CNC (computerized numerical code) industrial robotic production machines take over & replace obsolete production capacity requiring less human interaction & labor.....China, IMO has been suckered into obsolete machinery & their pissed off, so they send us knock-offs, tainted lead toys & drugs etc.! The U.S. economy is transitioning like it did 1931 - 1945....many Dow & SnP components are obsolete or will be very soon, just like last time, but their not going down w\o a fight....and they employ fraud, bribery & corruption to fight for their very survival....
Anonymous Coward
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07/24/2012 12:43 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The 2010 elections in full effect. Hahaha conservethelite.
Therion156
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07/24/2012 01:12 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
For the above reasons many new & improved technologies have been suppressed for decades. When technology, discovery & knowledge doubles every 18 months (Moores Law) it presents challenges to producers, speculators, investors & institutions. When knowledge doubles every 18 months almost everything excepting food & water becomes obsolete.....which means the investment also becomes obsolete...IOW the investor cannot recover his initial investment much less a profit before the product is obsolete... for the status quo government entities around the world, this rapidly developing technology is killing its tax & authority base. In a word, they too along with their banks are becoming obsolete due to Moores Law! So Government, corporations & investors alike seek a "police or authoritarian state aka NWO" to suppress technology & knowledge as they are all losing to Moores Law....as all previous investment & socio-political \ socio-economic organization becomes obsolete....and this is why manufacturing continues to decline...
Anonymous Coward
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07/24/2012 01:38 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Last time I went to Fry's electronics at around 11:30 am it was dead.

I mean there were 5 check out people and I had my choice.....

Almost nobody walking around the store...

Either everybody is shopping online, or the economy is truly dead.

 Quoting: FatalW1shes


Who want electronics ? I want Guns! Guns! Guns !

survival gear , tools, food, ammo !

When they invade us I will survive .... thoose with cheap china stuff programed to self destruct on china satellite commans will be screwd !

Note : buy american Guns!

tounge
Anonymous Coward
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07/24/2012 02:50 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
For the above reasons many new & improved technologies have been suppressed for decades. When technology, discovery & knowledge doubles every 18 months (Moores Law) it presents challenges to producers, speculators, investors & institutions. When knowledge doubles every 18 months almost everything excepting food & water becomes obsolete.....which means the investment also becomes obsolete...IOW the investor cannot recover his initial investment much less a profit before the product is obsolete... for the status quo government entities around the world, this rapidly developing technology is killing its tax & authority base. In a word, they too along with their banks are becoming obsolete due to Moores Law! So Government, corporations & investors alike seek a "police or authoritarian state aka NWO" to suppress technology & knowledge as they are all losing to Moores Law....as all previous investment & socio-political \ socio-economic organization becomes obsolete....and this is why manufacturing continues to decline...
 Quoting: Therion156 1496241


Dude, you're too smart to be posting here. I'm glad I read this.
Anonymous Coward
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07/24/2012 03:21 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
I can't understand why manufacturing is collapsing.The way they produce junk and crap that immediatly breaks once the warranty is up, and you have to buy another one.Looks to me like it should DOUBLE sales!
Therion156
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07/24/2012 04:24 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
IF the global population is REALLY SEVEN (7) BILLION PEOPLE then manufacturing would NEVER slow down or decline....but I digress and hereby challenge the U.N.'s 7 bb population claim. Have you ever noticed that the world either has to much or to little, it's never just right! They claim "peak oil" and the price of energy shyrockets, while at the same time claim global population is 7 bb and the value of international labor plummets creating poverty & state sponsored welfare servitude!!! CUI BONO = WHO BENEFITS from this ad absurdum? its not about money...its about global control & central planning managed by the self appointed capitalist elect..... 7 bb people in the world, sheesh what a lie!
Therion156
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07/24/2012 04:52 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
The post war period of industrial manufacturing is as previously stated "obsolete" via Moores Law....related manufacturing is declining due to the manufactured global debt bubble....the debt bubble is being employed to create a lagging transition period to bring new but previously suppressed technology to the forefront. The low interest or ZIRP policy prevents competition from rising up to challenge or compete with the deeply entrenched money power! The current interest rates are killing off competition...say a biz borrowed credit at 8% and set their pricing & profits to that rate....later a new competitor borrows at 6% and sets prices & profits on 6% rate....the biz that borrowed at 8% must now cut profits & pricing to the 6% rate to compete...stil a little later another biz opens & now borrows at 4%....the borrower at 8% is forced out of biz, while the 6% borrower is now under pressure due to the 4% borrower....then a 2% borrower arrives and smothers them all out of existence...this is WHY the cabal banks aren't refinancing...its a scheme to destroy competitors and not one man in a million recognizes the planned destruction of competition via falling interest policy\scheme! now you know!
Therion156
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07/24/2012 04:58 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Hopefully you may now begin putting the pieces of the puzzle together....its all a show....to keep players playing the rigged servitude game while retooling for the introduction of major new technologies...all designed by & for the hidden hand of the money power to retail their control & authority....
Therion156
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07/24/2012 05:47 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
And the hogwash about Banksters being arrested...yea a few low level rogue traders that traded scandalously with a wink from above...its always worked this way....the Bond Market is now rounding up participants and their inflationary notional profits....ya see this is biggest financial market in the world & perceived as the safest safe haven & harbor for legitimate & illegitimate capital.... its vacuuming up transparent & dark pools of money from almost every source.....we gonna awaken one day and learn this market is closed and collapsed, the participants will receive $.10 to the dollar....or some such....once the bond market capital competition is destroyed, the TRUE money power that rules the world will reset & restart the new system...the present amount of global capital accumulations creates to many lone wolfs operating singularly in the system....for instance the true PTB dont want 4 or 5 billionaires starting revolutions where they have plans...so they are gonna erase & destroy a lot of capital and accumulated independent economic power....just like their doing to their installed M.E. Dictators & Potentates...only in the West it will be stock, bond & institutional collapses....
Anonymous Coward
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07/24/2012 05:50 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
Uploaded by Speakmymind02 on Feb 5, 2009, Darn, it sounds like everything is still exactly the same on 7/24/2012 some 3 plus years later

Therion156
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07/24/2012 06:06 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
I personally think TPTB installed an illegitimate presidency to stir controversy as a cover to do their work w\o public or political scrutiny....secondly...if their plans dont succeed, they can easily & legally unwind everthing the illigitimate usurper of the office installed during his tenure.... either way they (TPTB) stay safe & UNDISCOVERED doing G-ds work...lol
Therion156
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07/24/2012 06:28 PM
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Re: US Manufacturing Falls (51.8) To Second Lowest Level Since The Crisis
the Olde General Motors went bankrupt only to be reborn by & thru taxpayor susidies....the New G.M. IPO'ed at U.S.D. $35 per share....today it closed roughly in half of the IPO price....the question is...."will they be revived again in the future?"

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