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re: When do interest rates rise

Posted on 7/20/16 at 9:07 pm to
Posted by Porker Face
Eden Isle
Member since Feb 2012
15415 posts
Posted on 7/20/16 at 9:07 pm to
quote:

I'd venture real unemployment is 20% at a minimum, and approaching Depression-like levels (25~30%) 


You are insane. 1 in 5 people you know are unemployed??

In a lot of areas, wages are increasing. Are they going as fast as people want? No. Are some people still unemployed? Of course

In Northwest Arkansas, unemployment is 2.3%. Wages are definitely going up, and quickly. There is nothing here supporting your 20% unemployment bs. Depending on your perspective, unemployment is too low here. Do you really think the rate is 18% off?
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