so finally digested all this
seems to bear out my suspicion that its been a 'recovery' of shitty part time waitressing and wal mart jobs - while $100+k jobs in finance, oil and manufacturing disappeared - but the net rise in total job numbers combined with overstated corporate profitability through share buy backs and debt financed has masked the loss in real productivity per worker.
if this is correct - the decreasing ability to keep making those profits appear to grow is going to finally reveal itself as massive productivity deflation.
thats what the Linked In result is forecasting imo - hence why US gold took a flier Saturday morning
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