greece government is without financial backing as the international monetary fund (imf) withdrew from the talks.  not good news.  eknme reiterates all it takes is one domino to fall, and the european union and the rest of the world could feel its effects.  it can be tangible as was germany after world war i.  or even imaginary — if greece could fall, the other european governments could be on eggshells waiting for something else to drop.

the u.s employment picture did look rosy as we had 200,000+ jobs.  maybe the economy is recovering. or not.  most unemployed are in temporary, part-time or contract jobs.  in philadelphia, we have a wealth of warehouse or sales jobs available.  even the temporary agencies are seeking employees.  but it’s a small pie.  eknme suggests creating your own job or seeking a franchise, if you have the resources to do so.  small business association (sba) loans and venture capital fims might help, if you have good and fleshed-out idea.

people are spending.  that’s good. but it’s mostly for tangible improvements to the house or to the car.  not much to see here.

lastly, it’s good that it’s friday.  the greek drama will continue into next week.  inflation is bound to hit the u.s. as interest rates rise again, and we’ll get hit with more taxes by the government and more fees by the airlines and banks. you know, business as usual.