Tuesday, August 18, 2009

Can It get Worse? Yes

Its easy to understand where this WaPo article is going.

Millions of unemployed will lead, and is leading to many more foreclosures.

The recession is far from over.

WaPo: Unemployment Spike Compounds Foreclosure Crisis
Economists estimate that 1.8 million borrowers will lose their homes this year, up from 1.4 million last year, according to Moody's Economy.com.

"It's much easier to bash lenders than to create jobs."

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