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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (445915)1/8/2009 10:41:38 AM
From: tejek  Respond to of 1575175
 
In a messed up way, its actually good news. Some builders have to go under before the bottoming process for housing is done. It helps decrease new inventory.

In a decent economy I agree... but this is starting to feed on itself. A couple of hundred more people out of work with virtually no hope of finding a job in their industry.


There has to be a winnowing. Even after housing bottoms, we will not return to the production levels of 3 years ago...lower levels will not support all the builders in place right now.