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08-17-2010, 11:50 PM #1
Article: 22 Cities in Danger of a Double Dip Recession
I thought this was an interesting article, although short. I'm wondering if they'll have a follow up on the metro areas that are also susceptible?
22 Cities in Danger of a Double Dip RecessionKace - married to Dh 12 years
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Full-time homemaker, part-time worker, college student. Always pinchin' pennies!
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08-19-2010, 12:43 PM #2
It's coming. There's a couple other threads that are talking now about this in terms of preparedness. Just wait until all the non military in Iraq come home to no jobs...more unemployment. This was on the news last night on a segment. There's at least non military 50,000 coming home.
Bank of America is THE godfather of Hell with Wells Fargo running neck and neck. When the world ends the only things that will be left are cockroaches, Walmart, Wells Fargo and Bank of America. Not necessarily in that order. The order remains to be seen.
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08-19-2010, 02:32 PM #3
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08-21-2010, 11:50 AM #4Registered User
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Wonder why Michigan is not on that list? It is so bad here and just getting worse. The news people are predicting housing prices to drop to 50% of the valuse of 2007. I bought my house in 2007 and the valuse was 135,000. I did but 20% down, but if the valuse goes to half, 67,500, I am upside down by more then 35,000! What about the people who spend mroe on their homes? I just don't know when this will end....
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08-21-2010, 08:18 PM #5
Yikes!! My small city is listed and on the map. Scary. Time to really buckle down more.
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