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Ignore the boo hoo hoo media -we’re still living in the smartist web 2.0 era

(I am aware that this article has little to do with SEO and internet marketing but if you read it you will make money because I am disclosing information and ideas that are widely ignored. This article is written by someone who derives Riemann Zeta function integrals in his spare time and can cut through fog and BS like a hot knife through butter. I am capable of ’seeing’ things that others miss or overlook because I know how things work.)

Last Friday the stock market tanked over two percent on poor economic data. Unemployment rose to five percent in December, a three-tenth percent increase in November and job payrolls in December increased by 18,000, which was far below estimates. The Dow Jones fell almost two percent and the tech heavy nasdaq lost nearly four percent.

Meanwhile, Obama and Huckabee won the Iowa primary-a great upset to the political establishment. Judging by the results of Iowa it is apparent that voters want change and reform, which is why the heavily funded and experienced Clinton and Romney who embody the so called ‘political establishment’ failed to win.

The headlines are continuously filled with negativity-poor job growth, pain at the pump, unemployment, layoffs in the financial sectors, subprimes, housing problems, ongoing tensions in the middle east, mortgage defaults, and so on. Millions of middle class Americans are desperately seeking answers and resolve to the uncertainly that looms overhead. They fear losing their jobs to outsourcing and being unable to pay for health care, prescriptions drugs and their children’s education.

According to a recent CNN poll half of Americans believe we’re in a recession in spite of the fact that economic data indicates otherwise. In September 2007, the Bureau of Labor Statistics said 110,000 new jobs were created. For each of the last three months, our economy has created an average of 97,000 new jobs. Since August 2003, the economy has created more than 8.1 million new jobs in 49 consecutive months of job growth.

Meanwhile the price of commodities continues to surge with no end in sight. This week oil recently passed $100 dollars a barrel and gold traded over $850 dollars an once. Gas prices continue to rise as well a food prices. However, the American consumer is extremely resilient and unaffected by these rising costs. And the overseas economies of India, China, and Hong Kong show no sign of slowing in spite of signs of economic weakness in the US.

A lot of idiot ‘bears’ attribute rising oil, wheat, and gold to inflation but this is simply not true. The reason why these commodities keep rising is due to HUUUUGE demand overseas. China, brazil, Mexico, India are consuming natural resources at a feverish pace to keep up with DEMAND because their economies are growing so fast. Demand is the key word. This is a demand problem; not a supply problem as was the case in the 80’s when oil peaked. The demand is so huge that prices are rising, which is fundamental economics at work and isn’t indicative of inflation.

To be continued….

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