Washington proclaimed last Friday (2/6/2012) that unemployment reduced to 8.3%… And whilst Wall Street rejoiced with yet another rally…
On The Contrary the authentic jobless in the United States in fact rose to a calculated 22.5%, practically the worst since the Great Depression.
Very hard to believe?
Well, because of John Williams of www.shadowstats.com, we can prove it.
Just think about just how the government is lying to us regarding jobs in America:
Lie #1. “Discouraged workers – out of work workers who give up looking for jobs – are not really unemployed.”
Lie #2. “Unemployed workers pursuing full-time job opportunities who are forced to accept minimum-wage or lower compensating part-time work are also not unemployed.”
They will not be counted among the out of work!
But if you think maybe that’s unusual, consider this: These untruths are so enormous and egregious; the government has tried to address the shock by quietly submitting another jobless rate, dubbed “U-6.”
This number is never ever headlined in the media. And the political party in power never mentions it.
Exactly why not? Just because it’s one of the ugliest and worst-kept tricks of our time.
I’m talking about an authoritative government number that does consist of some of the part-time and distressed workers, and that reveals an outrageously high U.S. unemployment rate of 15.1%.
Lie #3 started approximately 18 years back during the Clinton administration. Back then, administrators at the Bureau of Labor Statistics were counting almost all frustrated individuals – those who had discontinued hunting for employment due to the fact currently there were no jobs currently available.
However one day, they arranged to refrain from counting anyone who had quit hunting for more than a year.
If you are out of a job and you discontinued hunting for work 365 days ago, you’re continue to be counted as a “discouraged worker” and you’re continue to be among the 15.1% that the government concedes are unemployed (based on their less known U-6 number I mentioned above).
On the other hand if you gave up hunting 366 days ago, you’re not “discouraged” anymore. As far as they know, you’re so happy, you could easily be dancing in the streets!
Now do you understand the reason why I say the government is being untruthful about work opportunities?
I reiterate: In accordance with Williams’ estimates, if you embrace all discouraged workers – specifically as the government itself did before 1994 – the true unemployment rate in America is 22.5%!
That will be almost THREE times worse than the head lines say.
Still disbelieving regarding the idea that the job market in America is definitely not improving? Then have a closer look at what’s occurring in the largest sized sector of all…
Absolutely no Recovery from the Housing Depression!
In the entire housing market, it’s a lot trickier for the government to lie.
How come? Because contrary to the job numbers, the housing stats are basically outside the government’s influence; they are surely put together and circulated mostly by private research organizations.
But guess what! The government manages to lie regarding the housing sector nonetheless. They tell you it’s getting better. It’s certainly not.
This is essential: In the U.S. economy, the housing industry and support markets have commonly been the biggest of all.
However, sadly, in the real world of real estate, we perceive absolutely nothing of the kind. Instead, the basic facts portray that, in recent months, the housing market has in reality took a new turn for the worse:
Fact #1. New home sales in the U.S. have dropped to the most terrible level in history!
A lot fewer new homes have been sold in the U.S. now than back in the times when Lyndon Johnson became president and the Beatles created their first hit LP.
And in proportion to the U.S. population, the image is truly uglier: For each 1,000 individuals living in the United State now, fewer than ONE new home was sold last year – very probably the worst in history.
Fact #2. Foreclosures continue unabated.
Presently there are yet an astronomical 6.17 million families in America delinquent on their mortgage payments or with family homes in the steps of home foreclosure.
It really is a sizeable pipeline of foreclosed homes being dumped on the marketplace that very likely will proceed for years to come.
Fact #3. Home prices are falling – not increasing.
By November 2011, single-family home prices in 20 metropolitan areas fell once again, losing 100% of the gains they’d achieved since 2009!
The NY Times sums up the housing sector devastation:
“Homes has played a dominating part in the nation’s economic sluggishness, as householders have struggled with foreclosures or mortgage troubles that far surpass the values of their residences.
“Enormous amounts of construction employees and other real estate-related individuals have been unemployed and are nevertheless struggling to cobble together earnings.”
Government’s response: More and more bailouts, very much more money generating, and 0% interest rates till kingdom come.
The outcome: Immense bonuses for Wall Street elites … greatly higher asset levels in various investment sectors … but, for most of America, a catatonic condition of joblessness, depressed real estate, and even poverty.
Now, we really want that we could say that symbols of a SUSTAINABLE shift in housing are at long last here. However they’re definitely not.
How To Become Wealthy and Be Rich In Any Market
To without fail earn revenue in any market and especially in a volatile stock market you need to:
1. Eliminate any get-rich-quick thinking,
2. Disregard any ‘guidance’ from CNBC, Wall Street, Financial advisers, etc.,
3. Gain knowledge of the principles of stock market options,
4. Recognize that NOBODY or NO SYSTEM can anticipate what the stock market is going to do in the foreseeable future – NOBODY.
If you study the historic past of the stock market for an extended period, say twenty-five years, you will discover that in any thirty days the market changes less than five%, 80 per cent of the time, and just under ten%, 96 per cent of the time. Hence how should you employ this critical info to end up making a persistent monthly income of around 10% to 14% per month?
This is when 3 option techniques work wonders. The option strategies are the CALL Credit Spread, the PUT Credit Spread and the Iron Condor. Nevertheless you have to utilize these strategies correctly. If you try to use them in order to create a lot of money in a short time, you have the get-rich-quick philosophy and can get ripped. (Brief Notice: initiating with only just $3500 and earning 10% monthly, in five years you will be a millionaire! verify this with any Compound Interest Calculator)
Being familiar with the historical past of stock market movement, you are able to utilize the proper Iron Condor technique to make an average of 10% monthly on your individual investment money. The magnitude of risk we can endure varies greatly from person to person. Thus what you want to do is to set up an iron condor on a stock or index that is within your comfort zone. For me, ten% monthly is in my comfort zone and that is definitely precisely what I utilize. And additionally I shift my position if the market moves past the boundary. You’re truly the only one who could determine the way you set-up the iron condor based mostly mostly on just how risk adverse you might be. You’re able set it up for a higher gain, BUT also significantly greater risk or set it up for a reduced gain, but also lower risk!
You need to remember that all of us are subject to the STRONG emotions of GREED and FEAR whenever investing. Be certain you pick out the iron condor limits so your FEAR or GREED emotions don’t disturb your trading decisions.
If you comprehend the information above you can actually utilize the Iron Condor, the CALL Credit Spread or the PUT Credit Spread to produce an enduring per month income with ESPECIALLY low risk!
