When Central Bankers Tell You There Is No Need To Panic, It's Time To Take Action - Episode 1297a

The US unemployment is now below the average recession numbers. Virtually every time the unemployment numbers reach the lowest point the US went into a recession or depression. 93% of the jobs that were created since 2008 was done so through the birth/death rate model . More retailers are going bankrupt. Hiring is beginning to decline in San Francisco. Sales of luxury homes are declining. The central banks are now holding a 3rd of the global assets. When the central bankers say do not panic it is time to take action.