phk
phknrocket1k
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Posts: 12,906
Political Matrix
E: 1.42, S: -1.22
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« on: October 22, 2009, 12:39:55 PM » |
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« edited: October 22, 2009, 12:51:29 PM by phknrocket1k »
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There are two separate feedback mechanisms operating in the current macro-economy.
*The first is that rapidly rising output will eventually bring hiring up with it.
*The second is that the high unemployment rates will bring more foreclosures and cause spending and output to sputter.
Which is it going to be? Nonfarm payroll employment is the key indicator to watch from here.
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