PS I "liked" Fraggle's post 160 as it is seldom stated sad facts, (I do not like those facts). I'll just add a minor correction: Many of the good (higher pay than Big Mac jobs most young have) factory jobs their parents had went to Mexico, etc. as well as China. TPTB, make more profit that way, and don't care much about the health of the US economy, especially the 1% ers who get half the national income. To get an accurate (but complex to read) understanding of how sick the US economy is - held up by 3/4 of a trillion dollars of "window dressing" on 31Dec2015 See: http://news.yahoo.com/-475-billion-y...1085.html?nf=1 You may need to read it more than once - I did. The essence is that many banks and some other big lenders now have a lot of low quality assets (probably in large part loans made to "oil frackers" who can not pay them back with the current low oil prices). So every day they send them to the Fed before CoB and get high quality US Treasury notes from the Fed in exchange, which they hold on their books at the end of the business day. During the night this swap is reversed. - It is now a giant 3/4 trillion dollar daily swap game - hiding the fact that many of these lenders are insolvent - swapped with trash loans, they park at the FED for a few hours to make their books look good at CoB each day. If you want more details about how this "Reverse Re-Purchase agreements" RRPs game is played see: http://blogs.wsj.com/economics/2015...on-reverse-repo-program-when-liftoff-arrives/ This article tells how and why the Fed reluctantly boosted the max they could swap with banks each day from 300 billion to the current 2 TRILLION daily limit. The US economy is in "Deep Yogurt" but Fed is hiding that fact with a daily RRP swap of nearly a trillion dollars of good assets for the trash held by insolvent banks and a few other big lenders. As Lincoln said: You can fool all the people, some of the time; some of the people all of the time; but you can't fool all the people all of the time. I. e. SHTFan day is not far away now.