The manufacturing index of the Philadelpha Federal Reserve fell to a - 30.7 in August from a + 3.2 in July ! It is a catastrophic collapse ! said Rob Carnell from ING. The markets are in a fearfull state right now, There is now reason to panic !!!
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Manufacturing index!!! A quick word of warning...
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I find it interesting that my company just announced another US based expansion in a current Manufacturing Plant in the Midwest (adding roughly 120 jobs). In fact this is just 1 of many investments my company has made in the US this year! We are expecting to invest ~$1.5 billion in expansions in the US alone!
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whats that spell -- FEAR.
We all are going to have to tighten our belts and come together as a Nation to get out of this mess....Cut the entitlements so that we can invest in our infrastructure which will increase our efficiency for shipping the goods we do Export, which will create jobs and make our country more competitive. Just my opinion I do not hold a degree in economics or business."It's a trap!!!!" -- Admiral Ackbar
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Here's some good news though....oh wait, never mind.
Bank of America plans to cut at least is 3,500 jobs and possibly up to 10,000 in a major restructuring of one of the nation's largest banks, the Wall Street Journal reported.
A desire changes nothing, a decision changes some thing's, but determination changes everything.
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the economy starts and ends with us....how we handle our money...i encourage everyone to check out this grassroots movement
"It's a trap!!!!" -- Admiral Ackbar
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We here on this board know of our struggle every day trying to open some eyes, If you have not prepared and you even profess to be a Christian, Shame on you ! At these times of fear and crisis when all seams the darkest this is the times we should shine the brightest. I do not remember the preachers name but during the French reviloution Fear was sweeping across Europe and England, a revoiloutionary desent was moving thru England. One pastor took it apon himself to print tracts and passing them out all across the country, this one act spurred a revival in England turning the people back to their faith and adverting the violence that was spreading thru Europe. I believe that we must return to our basic solid foundation that founded this country, but first, we must survive these times along with the others we have helped and inspired.
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