Exploring Hydrocarbon Depletion
NEW! Members Only Forums!
Access more articles, news & discussion by becoming a PeakOil.com Member.
Daniel_Plainview wrote:A: The total US debt, including unfunded liabilities, is ..... oh wait ..... wait .... umm ..... wait, can this be true? ..... OMG ..... the total US debt is $118.1 Trillion ($118,100,000,000,000.00)
Q: How much is that per household?
A: $1,043,000.00 / household
Q: This is unsustainable! OMG!
Mark Faber reckons a market correction is due in the next three months.
The Fed printing has vastly inflated the profits of companies and he say that these sort of fake profits have a tendency to decline.
High oil prices and its inflation from printing is destroy the economy.
Spanish Banks Account for 47% of ECB Credit in February; Spain's Real Debt to GDP Ratio is 110% Not Reported 68%; Spain Will Implode. It's a Wonder it Hasn't Already
Spain's weight in the eurozone economy is roughly 14%. Yet Spanish Banks Account for Nearly Half of ECB Credit in February. Vial Google translate ...
AgentR11 wrote:The truly disturbing number is the size of one year's state and federal outlays, compared to the size of the total economy. That coupled with the size of the deficit in relation to the size of the economy are quite problematic; or might simply be the leading edge of adaptation to a command economy that lacks direct restraint of free enterprise. ie, the government is simply the largest corporation, amongst the set of all corporations.
Here's something else that's been growing exponentially: US real GDP.
except for the final few years when it takes a sharp turn south!
U.S. Treasury Bond Market Sell Off
Interest-Rates / US Bonds
Mar 18, 2012 - 03:44 PM
Slightly off topic Macro View this week as I really want to study the movement in treasury. The 10 year treasury yield is currently 2.30% which from an historical standpoint is very low. But a 33 basis point rise in one week is significant (100 basis points equal 1%). If the sell off in treasury accelerates things can get out of hand in very short order.
PRINCETON, NJ - The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, declined to 8.8% in mid-March from 9.1% in February.
The 0.3-percentage-point decline in mid-March moderates the 0.5-point increase Gallup found in February, but it still leaves the mid-month rate higher than the 8.6% in January. A year ago, Gallup recorded a similar decline in the March unemployment rate of 0.4 points, as it fell to 9.9% in March from 10.3% in February.
The Chicago Federal Reserve reported today that its Midwest Manufacturing Index increased 1.3% in January, to a seasonally adjusted level of 90.1 (2007 = 100). Here are some highlights of manufacturing activity in the 7th Federal Reserve district that covers Illinois, Indiana, Iowa, Michigan, and Wisconsin:
1. Manufacturing output in the Midwest region rose 9.1% from a year earlier in January, almost twice the 4.7% increase in national manufacturing output over the same period (see chart).
2. Regional machinery output in January was up 11.1% from its year-earlier level, compared to a 4.6% increase in machinery output at the national level.
3. Regional steel output was up 13.4% from its January 2010 level, compared to an 8.7% increase in national steel output over that period.
4. The Midwest’s automotive output was up 17.5% in January from its year-ago level, compared to a 12.1% gain in national automotive output.
Armageddon wrote:If things are booming, why are there 50 fucking million people on food stamps and growing each month ? The only thing growing is the gov't tit.
Armageddon wrote:If things are booming, why are there 50 fucking million people on food stamps and growing each month ?
Users browsing this forum: ralfy and 11 guests