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| | |-+  DOW Watch Friday 9/6 Edit Unemployment hits 10.2%
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Author Topic: DOW Watch Friday 9/6 Edit Unemployment hits 10.2%  (Read 2426 times)
cz
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« Reply #60 on: November 07, 2009, 07:24:15 AM »

All that "today's action" (i presume you mean the Dow) proves is that the Dow measures what's happening as several different main frames trade with each other with reality not allowed to intervene.

"This is the voice of Colossus. This is the voice of World Control. I bring you peace. It may be the peace of plenty and content or the peace of unburied death. The choice is yours: Obey me and live, or disobey and die."  Cheesy

Not sure why so many are surprised the market didn't drop on the unemployment numbers - we actually had an increase in "productivity" with a corresponding decrease in the number of workers producing.  That's an increase in profitability for a bean counter and good news for an investor.

People scared of losing their job, their home, work harder to try and hang on to their job.  When survival is at hand, fear makes our "productivity" increase - fear is a great motivator, isn't it?
« Last Edit: November 07, 2009, 07:27:21 AM by cz » Logged
Shamaness
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« Reply #61 on: November 07, 2009, 08:46:35 AM »

Economists are little more than witch doctors who sift through poo for the meaning of life.

This line is so beautiful, it deserves a pedestal.   Grin Cool
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Abhaha
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« Reply #62 on: November 07, 2009, 10:41:06 AM »

Not sure why so many are surprised the market didn't drop on the unemployment numbers - we actually had an increase in "productivity" with a corresponding decrease in the number of workers producing.  That's an increase in profitability for a bean counter and good news for an investor.

People scared of losing their job, their home, work harder to try and hang on to their job.  When survival is at hand, fear makes our "productivity" increase - fear is a great motivator, isn't it?

Yeah...a vision of sweat shops or even that of galley slaves comes to mind.  Tongue


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"The safest people to be with in a crisis is one that does not share strong ideological convictions, is not easily swayed by arguments and does not possess an overdeveloped exclusive sense of identity."  Dmitry Orlov
TheDignityofStruggle
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« Reply #63 on: November 07, 2009, 10:21:48 PM »

Not sure why so many are surprised the market didn't drop on the unemployment numbers - we actually had an increase in "productivity" with a corresponding decrease in the number of workers producing.  That's an increase in profitability for a bean counter and good news for an investor.

People scared of losing their job, their home, work harder to try and hang on to their job.  When survival is at hand, fear makes our "productivity" increase - fear is a great motivator, isn't it?

Yeah...a vision of sweat shops or even that of galley slaves comes to mind.  Tongue




What, you want to be cast out into the open sea? Then Row you bastard!
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