Ouch if this is correct….
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http://www.martinarmstrong.org/files/Is%20the%20End%20Near%2006-05-2011.pdf
Martin Armstrong
“We look ahead at continued rising unemployment even though the Economic Confidence Model turns up June 13th/14th. The forecast provided in the November 11th, 2009 issue appears to be still on target. There will be some oscillations, but there is no prospect of dramatically shifting the trend toward massive private sector job growth. We face declining state and municipal employment. Business is unlikely to hire or expand with the constant yo-yo trend in American tax rates that always keep long-term planning in check. The obsession with the debt limit and reducing the deficit can lead only to rising taxation even if it is not in RATE terms, it will certainly be in enforcement terms.”
“The next major HIGH in unemployment will come in 2024” A brief pause should occur in 2011 but a sharp rise should occur from 2012 to 2019