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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MoneyPenny who wrote (212873)7/28/2009 3:09:56 PM
From: Smiling BobRead Replies (1) of 306849
 
We no longer have customers. Just individuals that can not afford to go away, so they come in here to get cool or hope to use the bathroom. The only meaningful business we have left is an occasional order for custom furniture.

There's a manufacturer of industrial cutting tools not far from me. You used to hear the shop humming with the sounds of machinery ALL day. It's now completely silent most of the day. Only occasionally do you hear a machine starting up. He's laid off a number of machinists and closed the shop at least one day a week.

I sense there are no green shoots in there.
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