The Wall Street Journal ran an article this morning that actually answered this exact question. It compared an economic forecast of joblessness, derived from corporate bond prices, to the actual change in non-farm payroll, and found that corporate bond prices were accurate to within a couple percentage points of the actual result over the last 35 years. So what do the current bond prices show?
That joblessness is going to more than double in the coming year. That would be a huge amount of unemployment, if true. It would certainly knock the economy down a great deal.
Now does that mean all is not well in business? One could argue that reducing jobs is an appropriate response to an economic downturn. But certainly all is not well with the economy.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.