BREAKING NEWS SHOWS 77.6% Of US Job Market is IN DANGER

#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider 
Popular perception suggests services industries are insulated from macro problems plaguing manufacturers. While that may have been true at one time perhaps long ago, it wasn't true in '08 nor would it be today. If anything, service providers are even more closely linked to goods now than ever - many goods won't even function without services. Fewer sales of items, fewer service contracts and then fewer service jobs. 

Eurodollar University's Money & Macro Analysis

Chairman Ben S. Bernanke At the International Monetary Conference, Barcelona, Spain (via satellite)
https://www.federalreserve.gov/newsevents/speech/bernanke20080603a.htm

FOMC Transcript June 2008
https://www.federalreserve.gov/monetarypolicy/files/FOMC20080625meeting.pdf

J.P.Morgan Global Composite PMI
https://www.pmi.spglobal.com/Public/Home/PressRelease/3271b887e7634ea9bd6845578aa62a3b

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