Thursday, April 2, 2009

Another Milepost On The Road To Oblivion

A new survey from job site Glassdoor.com shows that a quarter of American workers expect to be laid off in the next six months. If you're wondering why people aren't buying substantially more houses at these record low rates and more big ticket items at deep discounts, you have your answer. If you're still wondering why I believe the economy won't stabilize until well into 2010, you have your answer as well.

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