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(BusinessWeek)   28   ( divider line
    More: Fail, FDIC, state banks, savings and loan crisis, federal savings banks, deposit insurance, Traders State Bank  
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11501 clicks; posted to Business » on 09 Jun 2012 at 11:36 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-06-09 01:38:46 PM  
1 vote:
Canada hasn't had even 1 bank fail yet during this 2008 -2012 economic global downturn. That could change though
2012-06-09 12:42:55 PM  
1 vote:
I miss the Saudi execution counter.
2012-06-09 12:22:53 PM  
1 vote:

Brick-House: rohar: BillCo: But, the private sector is doing fine.

[ image 612x459]

/isn't it a little early in the day/thread to be posting such tripe?

Nope, those numbers represented on the graph are way too small to hold any real meaning. 8.2% unemployment, and we know the actual number would be much higher if they weren't funging the numbers by not counting people who have exhausted their benifit. 1.9%GDP and 15 trillion in debt.

2011 to 2012 we saw almost a 3% increase in private employment with only a .73% population growth. We are creating jobs faster than we are creating people. As much as it pains many, this is a GOOD thing.

/also, only 5 trillion of that debt matters
//compound interest, inflation and growth take care of the rest
2012-06-09 12:12:52 PM  
1 vote:
Apparently banks can be allowed to fail if they're small enough. ಠ_ಠ
2012-06-09 11:48:11 AM  
1 vote:

BillCo: But, the private sector is doing fine.

/isn't it a little early in the day/thread to be posting such tripe?
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