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

To: tejek who wrote (264197)7/26/2010 9:33:12 PM
From: RetiredNowRead Replies (4) | Respond to of 306849
 
Remember, 90% of the population is still employed, many of whom are not worried about losing their jobs.

That's just not true. The true rate of unemployment is double that. The government statistics don't count people who have stopped looking or have been looking for too long. The real rate is more like 20%.

This is part of the problem. Government statistics are 90% bullshit.


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