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"Going Broke Faster" - Economic Numbers Are Less Than Meets The Eye [zero hedge]

ETSY (ETSY)  More Company Research Source: zero hedge
Last etsy earnings: 8/6 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.etsy.com
PDF "Going Broke Faster" - Economic Numbers Are Less Than Meets The EyeSome things are going great...many Service Sectors. Other sectors...Disaster...such as RETAIL.And here in Portland Oregon....we have a BOOM on homeless population, so shopping cart sales along with demand for needle clean up crews is through the roof. Some win and some lose in this "New" economy.Teh DOW just broke through its 3 month flag to the upside on no good news or bad news. I wonder if something just snapped and this will become a purely inflation-driven market now a la Venezuela?I think it already is inflation driven.My product inflated 51% year over year, but, the stated inflation rate is 2.5%. On what? Rand McNally paper maps?95 million on welfare and only 1.4 million looked for work in the last year. So 94 million are worthless, special snowflakes who'd rather watch TV all day than better themselves.If welfare were cut off tomorrow, 94 million would find a job FAST. There's a lot to do if you just try. It mi [Read more]

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