Signs of Armageddon on Wall Street
Last updated 5/17/2007 at Noon
Am I the only one who sees Armageddon approaching Wall Street? The signs are pretty clear to me – foreclosures on the rise, and economic indicators the worst they’ve been since 2003! The serious loss of well-paid manufacturing jobs to overseas workers had had an obvious impact. This large segment of our population can no longer afford stable 30-year home loans, not on the minimum wage jobs they have been forced to accept as the US factories close one after another! As a result, they, and the already existing large pool of unskilled workers, are either priced completely out of the home m...
For access to this article please
sign in or
subscribe.
Reader Comments(0)