Saturday, Jan 10, 2009
All props for current high house prices have been obliterated
TimesOnline: Surprise rise in US jobless raises spectre of Great Depression
Fears that the world is sliding into the worst global recession since the Great Depression multiplied yesterday as figures showed the steepest jump in American unemployment since the Second World War and a slump in manufacturing across Europe.
Posted by v stor @ 11:55 AM (394 views) Add Comment
3 Comments
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1. crunchy said...
Great Depression....
Seeing that phrase more and more.
The USA is about to change into a country that none of us thought was possible.
We will be looking on in horror. Mark my words. Obama? No effect!
2. hpwatcher said...
We ALL know it's bloody coming......
Apart from generating hope, Obama simply cannot do anything....apart from printing more money....
3. crunchy said...
2. hpwatcher said...We ALL know it's bloody coming......
Do we? if I gave my views on what is likely to happen me comment would be wiped. That's how bad!