Friday, November 6, 2015

Because "It's Different This Time"

This is what's known as the kiss of death...




Nasdaq 100 with Google, Amazon and Facebook



Yes, it IS different this time...

In Y2K, profits as a percent of GDP were 4%, today they're 10%:



How is that possible?

Bush/Obamanomics:

The employment population ratio with foodstamps - I mean "Keynesian stimulus"...



Wages and manufacturing jobs...




Capacity Utilization w/interest rates:




Because we all know "Lower interest rates creates jobs"
Human history's largest circle jerk:



McJobs: then and now...



The cost of this chicanery
GDP - Debt:



Stocks divided by debt and inflation. W/employment...



Mind the GAAP:



Yes, it's that time...