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Old 05-12-2009, 09:15 PM
kretinus kretinus is offline
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Join Date: May 2009
Posts: 29
GM is headed for bankruptcy, read the financials, even their execs are dumping the stock.

The unemployment rate in Kansas has been rising steadily since July last year and continues to rise right through the end of the first quarter and beyond.

The problem here is people are looking for the trun around when the fact is we haven't even hit bottom.

The next real estate bubble is coming apart in the commercial sector, foreclosures are still rising, bankruptcies are still climbing and even strong companies are showing signs of cracking at the seams.

And we haven't actually even seen the effects of the house of credit cards our economy was fueled by to it's full extent.

Last edited by kretinus; 05-12-2009 at 09:24 PM.
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