Posts Tagged ‘jobs’

More Jobs Mirage

jobs-mirage

(LewRockwell.com) The announcement on March 4 that 192,000 new jobs were created in February was greeted with a sigh of relief. But the number is just more smoke and mirrors, as I will show shortly. First, let’s pretend the jobs are real. What areas of the economy produced the jobs? According to the Bureau of [...]

Jim Rogers: While Bernanke is Causing Deforestation, Other Central Banks are Doing Much Better Jobs to Save the Economy

Jim Rogers never thought highly of the Federal Reserve and the Chairman Bernanke. The problems that the United States are now experiencing is caused by too much debt and also consumption. The way to solve the problems is definitely not by taking up even more debt and consume more. That is what Bernanke and the [...]