Friday, July 10, 2009
you got bank
Bank execs say that we are entering economic recovery. Actually, we are going deeper into depression and banks were bailed out to the tune of billions, but only temporarily. The numbers for total unemployed keep rising. Home prices keep falling. However, more ominous is that the sales figures are going down while oil prices are going up. It is a perfect storm of financial hypercatastrophe.
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