[TheRealThing]

The Chinese economy stuff is absurd
http://www.marketwatch.com/story/sorry-b...2014-12-04

I'll stay on topic thanks. Not sure what any of your other jibberish has to do with this topic.

All thanks to new hires for the Christmas season? :hilarious:

Wow the way you use that laugh icon really put me in my place. I'll tell you my idea of absurd. Burying one's head in party talking points (or websites) while ignoring the cascading calamity all around us, inside and outside our own borders. And that's not mentioning the 18 trillion dollar elephant in the room that glassy eyed Keynesians are so adept at ignoring. I don't live and die at the pronouncements of the IMF. The point is that on Jan 20, 2009 when the lunar schooner first sailed, the very idea that anybody would be able to make a case for China taking over as number one at any point in their lifetime was unthinkable. It's going to be pretty hard for liberals to fall back on their default talking point this time. The people there at the IMF are not a bunch of racist Republicans trying to make our President look bad.

That aside, the U6 formula under which we calculated our national unemployment figures, until Obama needed a boost for his 2012 reelection bid, would in fact have us currently at more than 11%, which is nearly twice as bad as has been calculated using the new formula. But none of that makes any difference when one wants to believe in something desperately enough, to submit to self delusion.