Saturday, March 26, 2011

ECRI WLI Rises, WLI Falls and WLI Dips


-------- Original Message --------
Subject: FWC: WLI Rises, WLI Falls and WLI Dips
Date: Fri, 25 Mar 2011 14:42:55 -0700
From: Jas Jain <jas_jain>

WLI Rises, WLI Falls and WLI Dips
The titles of the ECRI's WLI report for the past three weeks.
Amazingly, the WLI index has a near 100% correlation, long-term, with Non-Farm Employment! I bet that Guru Lakshman Achuthan of ECRI, a born-and-bred American dope, doesn't know this fact. Here are two WLI reading almost 11 years apart:
24-Mar-00
128.3
18-Mar-11
129.3
Can you guess how much employment growth has taken place over this period? The sick American e-CON-omy, on a very expensive life support from govt manipulators, is not going to survive the force of the Greater Depression. Appointment of evildoer Burn-ass-ke to the Fed in late 2002 by evildoer GW Bush was the biggest waiving of the red flag after a crank warned about the course that the US economy was on. The secular GDP in the US has been declining ever since 1997. There is no Change!
Jas

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