Washington proclaimed last Friday (2/6/2012) that jobless rate reduced to 8.3%… And while Wall Street rejoiced with yet another rally…
On The Contrary the actual jobless in the United States really increased to a calculated 22.5%, nearly the most severe since the Great Depression.
Not easy to believe?
Well, thanks to John Williams of www.shadowstats.com, we can establish it.
Simply give consideration to how the government is lying to us regarding employment in America:
Lie #1. “Discouraged workers – laid-off persons who call it quits searching for jobs – are not really unemployed.”
Lie #2. “Unemployed workers seeking full-time job opportunities who are forced to accept minimum-wage or lower compensating part-time jobs are also not unemployed.”
They are not counted among the unemployed!
But if you believe that’s weird, ponder this: These untruths are so significant and egregious; the government has tried to address the atrocity by silently submitting another jobless rate, named “U-6.”
This number is never ever headlined in the media. And the political party in power never mentions it.
Why not? Mainly because it’s one of the ugliest and worst-kept tricks of our time.
I’m speaking about a certified government number that does entail some of the part-time and distressed individuals, and that exposes an outrageously high U.S. jobless rate of 15.1%.
Lie #3 started about 18 years ago during the Clinton administration. Back then, administrators at the Bureau of Labor Statistics were counting almost all disheartened workers – those who had quit looking for work due to the fact there were no work currently available.
Yet somehow one day, they arranged to AVOID counting anyone who had discontinued searching for more than a year.
If you happen to be out of a job and you discontinued hunting for employment 365 days ago, you’re continue to be counted as a “discouraged worker” and you’re continue to be among the 15.1% that the government concedes are without a job (based on their less known U-6 number I mentioned above).
On the other hand if you gave up looking 366 days ago, you are not “discouraged” any longer. As far as they know, you are so happy, you could be dancing in the streets!
Now do you know the reason why I say the government is lying about job opportunities?
I repeat: Depending on Williams’ reports, if you integrate all discouraged individuals – just as the government itself did prior to 1994 – the genuine jobless rate in America is 22.5%!
And that’s almost THREE times worse than the head lines say.
Still skeptical concerning the idea that the work marketplace in America is not recovering? Then have a closer look at what the heck is transpiring in the biggest sector of all…
Absolutely no Recovery from the Housing Depression!
In the entire housing industry, it’s a lot harder for the government to lie.
For what reason? For the reason that unlike the employment data, the real estate market numbers are basically away from the government’s influence; they’re just gathered and issued largely by private research organizations.
But imagine what! The government manages to lie about the housing market anyhow. They say to you it’s improving. It’s not.
This really is serious: In the U.S. economy, the housing marketplace and support markets have traditionally been the largest of all.
But, alas, in the real-world of real estate, there is nothing of the kind. Rather, the details prove that, in the past few months, the housing industry has in fact taken a new turn for the worse:
Fact #1. New home sales in the U.S. have plunged to the most terrible level in history!
Far fewer new homes are now being sold in the U.S. now than back in the times when Lyndon Johnson was president and the Beatles introduced their first hit LP.
And in proportion to the U.S. population, the image is truly uglier: For each 1,000 individuals residing in the United State in our day, smaller than ONE new home was sold this past year – very possibly the most unfortunate in history.
Fact #2. Foreclosures continue on unabated.
Indeed there are yet an astronomical 6.17 million households in America delinquent on their mortgage payments or with properties in the process of property foreclosure.
It really is a huge pipeline of foreclosed homes increasingly being dumped on the marketplace that in all probability will proceed for years in to the future.
Fact #3. Home prices are slipping – not rising.
By November 2011, single-family home costs in 20 metropolitan areas fell once again, losing 100% of the gains they’d attained since 2009!
The NY Times sums up the housing sector disaster:
“Housing has played a principal role in the country’s economic sluggishness, as householders have battled with foreclosing or mortgage troubles that far outstrip the economic value of their dwellings.
“Record numbers of construction employees and other real estate-related personnel have been unemployed and are nevertheless struggling to cobble together earnings.”
Government’s response: More and more bailouts, more money generating, and 0% interest rates till kingdom come.
The outcome: Sizable additional bonuses for Wall Street elites … aggressively higher asset values in some investment sectors … but, for most of America, a catatonic condition of joblessness, depressed real estate, together with poverty.
Today, we wish we could say that indications of a LASTING turn in housing are finally here. Unfortunately they’re certainly not.
How To Become Wealthy and Be Rich In Any Market
To persistently earn revenue in any market and especially in an explosive stock market you need to:
1. Abolish any get-rich-quick thinking,
2. Forget any ‘guidance’ from CNBC, Wall Street, Financial advisers, etc.,
3. Learn the basics of stock market options,
4. Recognize that No One or NO SYSTEM can foresee what the stock market will do in the future – NOBODY.
If you look over the historic past of the stock market for a long period of time, say 25 years, you will recognize that in just about any month the market moves lower than 5%, 80 per cent of the time, and just under ten%, ninety six per cent of the time. So just how could you use this critical info to end up making an enduring monthly revenue of about 10% to 14% monthly?
This is where 3 option methods get the job done. The option strategies are the CALL Credit Spread, the PUT Credit Spread and the Iron Condor. Nevertheless you have got to utilize these strategies properly. If you are attempting to utilize them in order to create a lot of money in a small amount of time, you have the get-rich-quick philosophy and will get burned. (Brief Notice: starting with only $3500 and getting tenPer Cent each and every month, in five years you will be a millionaire! verify this with any kind of Compound Interest Calculator)
Being aware of the historical past of stock market fluctuations, you can implement the the best Iron Condor technique to make an average of 10% every month on your individual investment money. The magnitude of risk we are able to withstand changes greatly from individual to individual. Consequently what you want to do is to setup an iron condor on a stock or index that is within your comfort area. For me, 10percent on a monthly basis is in my comfort zone and that is definitely precisely what I use. Plus I move my position if the market moves past an acceptable limit. You are really the only one who could determine the way you set-up the iron condor based mostly mostly on just how risk adverse you are. You are able to set it up for a larger gain, BUT also significantly greater risk or set it up for a reduced gain, but also reduced risk!
You have got to always remember that each of us are subject to the STRONG emotions of GREED and FEAR whenever investing. Be sure you pick out the iron condor limits so your FEAR or GREED feelings don’t hurt your trading selections.
If you understand the information above you can utilize the Iron Condor, the CALL Credit Spread or the PUT Credit Spread to make a continual month-to-month revenue with EXTREMELY low risk!