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Hey guys! Does this chart show that we're fucked?
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Date: March 6th, 2010 4:39 PM Author: hairraiser twinkling uncleanness plaza http://www.businessinsider.com/chart-of-the-day-the-scariest-job-chart-ever-2010-3 (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14314869) |
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Date: March 6th, 2010 5:10 PM Author: Navy Cheese-eating Boistinker Only 2 or 2.5 more years until we're out! (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315144) |
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Date: March 6th, 2010 5:11 PM Author: Abusive hyperactive cruise ship knife Holy shit things are scary when you look at them out of scale! (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315162) |
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Date: March 6th, 2010 5:13 PM Author: Navy Cheese-eating Boistinker Are you trying to suggest the trough is something other than approximately twice as deep as the next deepest trough? (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315186) |
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Date: March 6th, 2010 5:14 PM Author: Navy Cheese-eating Boistinker P.S. What's the right scale? (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315193) |
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Date: March 6th, 2010 5:16 PM Author: overrated address Sure, because it'd be real easy to tell discrepancies between lines if the scale went from 0 to 1 (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315206) |
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Date: March 6th, 2010 5:17 PM Author: Navy Cheese-eating Boistinker He thinks he's incisive because he had some sort of "media awareness" class at some point. Now, without really knowing what the fuck he's talking about, he spouts shit like "correlation, not causation" and "look at the scale!" as if he's saying something important. (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315217) |
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Date: March 6th, 2010 5:19 PM Author: overrated address Seriously. It's not the scale that matters as much as how our current recession matches up with previous ones, which is the point the OP was trying to make.
Also how FUCKED we are for jobs for at least 2-3 years based on previous recessions, and this isn't even including some double dip scenerio |
Date: March 6th, 2010 5:18 PM Author: razzmatazz chapel so that chart is saying we've lost 6% of american jobs and have not gained any of them back yet? super. (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315221) |
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Date: March 6th, 2010 5:19 PM Author: Heady Locus Police Squad not really.
those other crises on the chart were nothing compared to the current one. OPEC, S&L, tech bubble, japan & european crises, etc, all seem relatively small time.
disclaimer, admittedly I know basically nothing about economics, but I find the comparison shown on that chart to be quite expected.
not saying we're not fucked, but I don't see that this provides any particular insight or even a dramatic revelation of perspective. |
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Date: March 6th, 2010 5:20 PM Author: razzmatazz chapel let me guess: you voted for obama? (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315233) |
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Date: March 6th, 2010 5:20 PM Author: Navy Cheese-eating Boistinker People thought the early-80s recession was a pretty fucking big deal. (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315235) |
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Date: March 6th, 2010 5:31 PM Author: Heady Locus Police Squad of course, but isn't it fair to say that what we've got now involves both a greater magnitude and greater variety of serious systemic problems? (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315335) |
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Date: March 6th, 2010 5:29 PM Author: Heady Locus Police Squad well, like I said I know nothing about economics so maybe the comment just demonstrates cluelessness.
but, to clarify:
of course this is gigantic fucking deal. we're probably fucked. but didn't we know this already? my point was only that the chart is not surprising and doesn't "show" anything that hasn't been apparent for at least a year.
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Date: March 6th, 2010 5:34 PM Author: henna self-centered area mood click on the other charts showing job loss % greater than the great depression
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Date: March 6th, 2010 5:43 PM Author: Heady Locus Police Squad link?
the other charts I see only go back to the post-WW2 period, whose decline I would expect is explained by the cessation of debt-financed war spending. |
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Date: March 6th, 2010 5:44 PM Author: Comical Gold Personal Credit Line Weed Whacker why don't you link it? searching through that is a nightmare (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315426) |
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Date: March 6th, 2010 5:45 PM Author: Cerebral hot death wish jap At least the 2nd derivative isn't negative anymore! (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315429) |
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Date: March 6th, 2010 5:53 PM Author: Heady Locus Police Squad lol just wait for the dip to dip deeper (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315498) |
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Date: March 6th, 2010 5:50 PM Author: vivacious trailer park gaping yes (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315469) |
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Date: March 6th, 2010 6:02 PM Author: gay really tough guy This recession is the worst because instead of industries going under, they just chose to outsource the jobs to deal with the recession. The outsourcing would've happened eventually the recession just sped up the process. (http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315557) |
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Date: March 7th, 2010 3:27 PM Author: hairraiser twinkling uncleanness plaza Post thieves! I demand justice.
http://economix.blogs.nytimes.com/2010/03/05/comparing-this-recession-to-previous-ones-job-losses-8/
http://www.xoxohth.com/thread.php?thread_id=1243735&mc=12&forum_id=2 |