Spin and the current economics
- From: phil scott <phil@xxxxxxxxxxxxx>
- Date: Tue, 5 Feb 2008 10:27:33 -0800 (PST)
From another reply:
Page C1: graphic showing "Delinquency rates on loans and leases at U.S.
commercial banks" going from 1.5% in '06 to ~2.15% now, and the curve is
concave up, so its headed to the worse.
this is effective on the house of cards (derivitive nature) US
economy... the keystone base cards are already removed, it is the
PPT keeping the rest of the mess errect with bogus stock
purchases,,that keep the markets and corporations afloat. at this
point almost everyone and their cat knows that something is amiss... I
dont think anyone in the leadership of US corporations or govt has any
illusions about whats going on.
all are just hopiing to keep it afloat long enough to build life rafts
or whatever they can... for a decade now most corporations have been
diversifying off shore as a hedge as well.
Page C12: "Debt Industry Looks Ahead" says future isn't all doom and
gloom, but if you look at the graphic bars from '06 to '07, it sure looks
like a slide to me.
these jerks use carefully calculated and staged language to make this
mess look like business as usual '...Dept Industry looks ahead'...what
crap.. first off its not an 'industry'...nothing is manufactured or
created... just fiat money... not a real creation, but a net
negative....the oposite of 'industry'.... then 'looks ahead'...
indicating 'progress'.... progress in a negaive direct you see.
this scum is criminally insane to the core...so far down the tubes
that some of them even think it actualjy is industry and 'looks
ahead'.
Phil Scott
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