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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: saveslivesbyday who wrote (244221)4/14/2010 9:28:55 PM
From: DebtBombRead Replies (2) | Respond to of 306849
 
Awesome, the more people companies lay off, the higher the profits and the stock market goes. Imagine the Dow when unemployment is at 30%. LOL.

1 in 7 houses are empty.
24% in negative equity.
1 in 9 people are on food stamps.
unemployment is 17%
mortgage equity is plunging
we all gonna be rich, hee hee
;-)

looks like zimbabwe on the way to me



To: saveslivesbyday who wrote (244221)4/14/2010 10:08:48 PM
From: Giordano BrunoRespond to of 306849
 
"Banks like JPMorgan are saying all the right things about things looking better, but their actions indicate there is still a lot of risk embedded in the economy," said Bill Fitzpatrick, an equity research analyst for financial stocks at Optique Capital Management in Milwaukee.

reuters.com


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