Today durable goods orders are down. Well, that means our so called economic recovery is a false mirage. A deceptive illusion of water in a desert.
Freddie mac says home mortgage delinquencies are up. This should come as no big surprise viewing that we have seen umemployment spike to near ten percent. Those without jobs cannot pay their bills. I predict a jobless rate over 10% next year.
Friday, September 25, 2009
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