muses of the moment

July 9, 2013

John Williams from Shadowstats.com

You pay for the detail, but here is John’s summary:

– With Fed Monetization of Treasury Debt at 90.5%,
– Money Supply Growth Patterns Suggest Banking-System Stress
– Using Consistent Seasonals, June Payrolls Rose About 160,000
Full-Time Employment Plunged by 240,000 in June
– Economic Issues Accounted for 75% of Gain in Part-Time Employment
– Number of Short-Term Discouraged Workers Increased by 247,000
– June Unemployment: 7.6% (U.3), 14.3% (U.6), 23.4% (ShadowStats)

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