We are ONLY back to near worst it was during 2001-2003.....and at THIS LEVEL of job loss, the stock market hadn't really begun to dive in earnest yet! just an ob
see below from this AM
"NEW YORK (CNNMoney.com) -- Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday.
RealtyTrac, an online marketer of foreclosed homes, said that California, Florida, Arizona and Nevada continue to lead the nation in the rate of foreclosures. Las Vegas was the worst-hit city.
now unemployment has replaced toxic mortgages as the leading cause of foreclosures throughout the country, according to spokesman Rick Sharga".
Have we stabilized? what's the economy running on folks?....strategic default consumer spending? that's sick...
D
2 comments:
scream it from the roof tops.
Jay
Stocks Climb on Earnings, Drop in Jobless Claims- AP
Headlines like this why I'm GLUED to YHOO FINANCE ! haaa....gee I had NO idea the picture had improved so much.
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