Skip to comments.David Rosenberg's 12 Bullet Points Confirming The Double Dip Is Here
Posted on 08/17/2011 3:20:48 PM PDT by GiovannaNicoletta
Funny how much can change in a month. After everyone was making fun of David Rosenberg as recently as June, not a single pundit who owns a suit and can therefore appear on CNBC dares to mention the original skeptic. Why? Because he has was proven correct (once again) beyond a reasonable doubt (and while we may disagree as to what asset class is best held into the terminal systemic collapse, Rosenberg has been one of the most steadfast and consistent predictors of the 'non-matrixed' reality in the world). Yet oddly enough there are still those who believe that a double dip (or, more accurately, a waterfall in the current great depressionary collapse accompanied by violent bear market rallies) is avoidable. Well, here, in 12 bullet points, is Rosie doing the closest we have seen him come to gloating... and proving the the double dip or whatever you want to call it, is here.
(Excerpt) Read more at zerohedge.com ...
Page gone already?
So Obama is officially President of The Double Dip?
Notice how the LSM is covering all this up.
“So Obama is officially President of The Double Dip?”
Yes. He is offically the Double Dips#*t who caused the Double Dip.
I don’t have to read about it, I see the people downgrading or getting rid of their cable, satellite, and internet. They are getting rid of their landlines and as soon as they can they are getting out of their cell contracts and buying the pay as you go phones.
They aren’t eating out, they aren’t shopping and they are eating as cheaply as possible. They aren’t going to out of town funerals and weddings, they aren’t taking vacations.
Around here our electric bills have almost doubled because of that free, environmentally good >S< energy that our legislature mandated and people are going bonkers because they can’t afford them so if they even thought they had a little disposable money, that notion is gone.
We see it, too.
Less traffic in town, shorter lines and fuller carts at the supermarket, more break-ins and ‘scrappers’ stealing every piece of metal that is not hidden from sight.
That would be Obama-Biden — that double dip has been here since early in 2009.
Worked for me.
Unless OBAMACARE is repealed IN ITS ENTIRETY, he has accomplished what he set out to do. The economy is not his concern—he has made that abundantly clear. REDISTRIBUTION IF WEALTH is all that matters to Obama.
Obama is winning—and he is winning big.
Thanks, that worked.
My youngest boy, an ex-railroader, applied for one of four jobs that opened up at a local line in PA. Tonight he reported 3,100 freaking people applied, maybe 100 were re-interviewed and four hired. He was not among them.
When you get that many people scrambling for a job, you know the situation is really bad.