Financial Survival Network

Summary: I invite Russell Stone on the show to talk about what’s really happening with the employment numbers, because the data put out is often manipulated—failing to account for several criteria. Although it seems that jobs have gone up, Russell suggests that this could be attributed to old jobs resurfacing rather than organic growth. Furthermore, we discuss the underlying problem of the US dollar, which is that we are backed by credit that is eventually going to run out. For more insight and tips for how to prepare for the bumpy ride ahead, be sure to tune in to this episode. Highlights: -You can’t always take what you’re given from government sources because there is a lot of manipulation within these numbers -No one talks about the birth to death ratio, which alters the job numbers quite a bit -The trend over the last three months has been stagnant -Are these new jobs being created, or old jobs that people were laid off from? Russell believes it might be the latter option rather than organic growth -Wage