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This week brought new indications that any economic “recovery” in the US will not be shared by the working class. Telecommunications giant Verizon announced that it would eliminate 8,000 jobs by the end of the year, new data showed that the foreclosure crisis is continuing to mount, and weekly initial jobless benefit claims rose.
Originally posted by sanchoearlyjones
Sure, things are getting worse. They will get a lot worse. We are in the death throws of the NWO.
The signs of what's coming are permeating the air around us...... vaccines, pandemics, body bags, coffins, wars, etc..........................the list's grow, and grow.
Seems most people just don't care. Too bad for them.
Originally posted by Sestias
Nobody has lied about the recession/depression.
The stimulus is helping but it won't happen overnight.
Originally posted by Desolate Cancer
But They say that foreclosures come in waves, first the degenerates living beyond their means, then the laid off who cant afford to pay thier once sustainable mortgage, then come the vicious of more laid off foreclosing.
Originally posted by Blanca Rose
Originally posted by Desolate Cancer
But They say that foreclosures come in waves, first the degenerates living beyond their means, then the laid off who cant afford to pay thier once sustainable mortgage, then come the vicious of more laid off foreclosing.
Well, isn't anybody that has a mortgage, working or not living beyond their means?
What ever happened to people not buying something until they could afford to, including property, like a home to live in.
A mortgage means you couldn't afford to buy something in the first place, whether it is sustainable or not, so by your logic, all people with mortgages are degenerates.
Nobody is guaranteed a job in life, which is something that I was taught from an early age.
If you can't afford something, don't buy it until you are able to.
If everyone lived this thought, there wouldn't be over inflated real estate prices.
Everyone lives according to what a bank thinks they can afford, not what a person can actually afford all the time.
Originally posted by Sundancer
So what's going to happen to us???