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Wednesday, January 22, 2014

Wall Street Adviser: Actual Unemployment Is 37.2%, 'Misery Index' Worst In 40 Years

Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the realunemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.

Marotta, who recently advised those worried about an imploding economy to get a gun, said that the government isn't being honest in how it calculates those out of the workforce or inflation, the two numbers used to get the Misery Index figure.

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2 comments:

Anonymous said...

The government and the media seriously believe the low information sheeple can't handle the truth. Telling the ignorant masses the actual state of affairs may wake them from their sleep and cause them to organize and work to overthrow the corrupt government and their media accomplases.

Anonymous said...

truth-what a concept. we have way too many sleeping citizens in this country.