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1. 89Hoo | January 31, 2013 at 8:22 am

   Just out of curiosity, does anyone have an opinion of Germany’s plans to repatriate its gold?
2. 89Hoo | January 31, 2013 at 8:28 am

   And an interesting piece relating to the education bubble.

   http://www.rsc.org/chemistryworld/2013/01/too-many-scientists

   (I don’t claim any expertise, being neither a chemist nor a PhD, I just found it interesting from and ABCT perspective)
3. 89Hoo | January 31, 2013 at 8:33 am

   …and on on job quality versus job quantity, and ABCT:

   http://www.zerohedge.com/news/2013-01-30/quarter-jobs-america-pay-below-federal-poverty-line
4. Sandi Saunders | January 31, 2013 at 8:46 am

   Other than they are joining that stellar group of Venezuela, Libya, and Iran, while further undermining the EU economy? Unlike our “doomsday preppers” this kind of activity can spark panics and cause the action they are hoping to hedge against. No, I have no opinion on Germany seeking to repatriate gold reserves.
5. Sandi Saunders | January 31, 2013 at 9:07 am

   Wow 89Hoo, that Tyler Durden sure thinks highly of himself. He claims that “we are happy to see that the mainstream media has finally caught up with what our readers knew in December 2010″. He links to an NYT story from Erin Hatton who just happened to write a book called The Temp Economy: From Kelly Girls to Permatemps in Postwar America published in January 2011. And then there is this one: The War at Home: The Corporate Offensive from Ronald Reagan to George W. Bush published January 2006! Yeah, what a genius.

   This story has been “in the media” and what many, OWS, Progressives and Liberals have been trying to tell the powers that be for a long time in fact.

   “The Path to Recession 2005
   Declarations of the end of the jobless recovery period of the past three years may soon prove to be premature. There is increasing evidence and doubt of the US economy’s ability to sustain spending by consumers and avoid a return to recession.

   The shift to low pay-low quality jobs, the renewed fall off in new jobs creation, the now rising inflation, plus workers’ and unions locking in low (or no) wage increases in long term contracts in order to maintain health insurance coverage—together all but ensure a chronic weakening of consumption in the U.S. and thus increasing the risk of return to recession.”
   http://www.kyklosproductions.com/articles/no_jobs.html
6. 89Hoo | January 31, 2013 at 9:30 am

   5 – what’s your point? You don’t think quality of jobs matter? You do? You do, but they are in short supply? It’s all the GOP’s fault?

   (for the record, know one really knows who tyler durden is, but suspect it is a psuedonym for several people who post)
7. 89Hoo | January 31, 2013 at 9:35 am

   4 – Venezuala, Libya and Iran are not part of the European economy (it may be an antecedent thing). But how could Germany’s gold repatriation undermine the EU economy?

   The Euro, and the rest of Europe, do not have a commodity-based economy (pure fiat), and gold hasn’t played a part of Germany’s economy since the early 1970s. How could their decision to end their cold-war decision to store their gold outside of Germany possibly impact even their economy, let alone the EUs? Maybe they just like having it nearby. Why don’t they convert it to SPAM?
8. Sandi Saunders | January 31, 2013 at 10:35 am

   I believe I made my point clear, Tyler Durden is patting himself on the back for telling his readers of this “startling” news in December 2010 when it has been news since 2004-2005-2006… The media did not “just” discover it and he did not break any news in December 2010. THAT is my point.

   One of the reasons we have such a problem supporting the top and bottom is the shrinking middle… That is not news to anyone who has been paying attention.

   The “Socialism” thing was a joke. Sorry you did not get it.
9. Sandi Saunders | January 31, 2013 at 10:38 am

   BTW in such a fragile thing as the economy of the EU, this is a big signal of both little faith and no long term strategy that could have an impact IMO. IF I were to bother thinking about it that is.
10. 89Hoo | January 31, 2013 at 11:00 am

    9 – you don’t know that German doesn’t have a long-term strategy, and the EU, particularly the PIIGS, have given little reason for confidence. One could understand a reluctance to anchor oneself to a sinking ship.
11. Sandi Saunders | January 31, 2013 at 11:45 am

    Seriously? Italy, Portugal, Ireland, Greece and Spain are a “sinking ship”? Well Germany IS “anchored” to them.
12. 89Hoo | January 31, 2013 at 1:01 pm

    Yes, the PIIGS are sinking, and they are dragging the rest of Europe with them. And if I were Germany, I would weigh anchor as soon as possible.