Comments on: Average initial jobless claims still stubbornly high http://www.creditwritedowns.com/2009/09/average-initial-jobless-claims-still-stubbornly-high.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: limo companies http://www.creditwritedowns.com/2009/09/average-initial-jobless-claims-still-stubbornly-high.html#comment-57080 limo companies Fri, 11 Sep 2009 08:25:00 +0000 http://www.creditwritedowns.com/2009/09/average-initial-jobless-claims-still-stubbornly-high.html#comment-57080 After watching the graph just one thing came into my mind. We, the people who are from so called third world countries always mocked by the people from developed countries because our governments take a huge amount of loan but can’t repay it. As far as I know US is not a third world country. Then why this is happening? It’s because, in USA individuals are far more dependent on credit rather than us. And who doesn’t know individuals are the primary economic unit. After watching the graph just one thing came into my mind. We, the people who are from so called third world countries always mocked by the people from developed countries because our governments take a huge amount of loan but can’t repay it. As far as I know US is not a third world country. Then why this is happening? It’s because, in USA individuals are far more dependent on credit rather than us. And who doesn’t know individuals are the primary economic unit.

]]> By: Anonymous http://www.creditwritedowns.com/2009/09/average-initial-jobless-claims-still-stubbornly-high.html#comment-57067 Anonymous Thu, 10 Sep 2009 16:07:00 +0000 http://www.creditwritedowns.com/2009/09/average-initial-jobless-claims-still-stubbornly-high.html#comment-57067 How does one define recovery? One would think we would of had the v rebound already after they have nearly bankrupted the country with bailout schemes and phoney stimulus packages. Lack of income growth and high Leverage is killing any rebound in the consumer sector and the govt (fed & state) are in a debt bubble. How does one define recovery?

One would think we would of had the v rebound already after they have nearly bankrupted the country with bailout schemes and phoney stimulus packages.
Lack of income growth and high Leverage is killing any rebound in the consumer sector and the govt (fed & state) are in a debt bubble.

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