Comments on: Bill Gross thinks the June unemployment data is bad http://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html a finance news and opinion site Sun, 21 Mar 2010 15:11:29 +0000 hourly 1 By: LavrentiBeriahttp://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-7635 LavrentiBeria Thu, 02 Jul 2009 23:58:57 +0000 http://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-7635 Suspect that a future involving a resumption of vigorous consumer spending is a bit imaginative. Michael Hudson speaks to the question of what consumers are likely to do with any available funds here:<br><br><a href="http://www.counterpunch.org/hudson06302009.html" rel="nofollow">http://www.counterpunch.org/hudson06302009.html</a><br><br>Seems to me the worm has turned. The illusion of being forever financed now turns into the reality of debt peonage. And if you're really taken with illusions, just keep believing that the ballot box will offer a remedy. Suspect that a future involving a resumption of vigorous consumer spending is a bit imaginative. Michael Hudson speaks to the question of what consumers are likely to do with any available funds here:

http://www.counterpunch.org/hudson06302009.html

Seems to me the worm has turned. The illusion of being forever financed now turns into the reality of debt peonage. And if you're really taken with illusions, just keep believing that the ballot box will offer a remedy.

]]> By: stkhttp://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-7634 stk Thu, 02 Jul 2009 20:40:32 +0000 http://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-7634 See! That's why banks/financial institutions are pushing for wage increases and bonuses. Otherwise, no recovery! LOL. See! That's why banks/financial institutions are pushing for wage increases and bonuses. Otherwise, no recovery! LOL.

]]> By: LavrentiBeriahttp://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-5736 LavrentiBeria Thu, 02 Jul 2009 17:58:57 +0000 http://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-5736 Suspect that a future involving a resumption of vigorous consumer spending is a bit imaginative. Michael Hudson speaks to the question of what consumers are likely to do with any available funds here:<br><br><a href="http://www.counterpunch.org/hudson06302009.html" rel="nofollow">http://www.counterpunch.org/hudson06302009.html</a><br><br>Seems to me the worm has turned. The illusion of being forever financed now turns into the reality of debt peonage. And if you're really taken with illusions, just keep believing that the ballot box will offer a remedy. Suspect that a future involving a resumption of vigorous consumer spending is a bit imaginative. Michael Hudson speaks to the question of what consumers are likely to do with any available funds here:

http://www.counterpunch.org/hudson06302009.html

Seems to me the worm has turned. The illusion of being forever financed now turns into the reality of debt peonage. And if you're really taken with illusions, just keep believing that the ballot box will offer a remedy.

]]> By: stkhttp://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-5732 stk Thu, 02 Jul 2009 14:40:32 +0000 http://www.creditwritedowns.com/2009/07/bill-gross-thinks-the-june-unemployment-data-is-bad.html#comment-5732 See! That's why banks/financial institutions are pushing for wage increases and bonuses. Otherwise, no recovery! LOL. See! That's why banks/financial institutions are pushing for wage increases and bonuses. Otherwise, no recovery! LOL.

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