Answer to the subprime mortgage & housing issue

Discussion in 'Economics' started by Trendytrader, Mar 31, 2008.

  1. Picture of things to come....

    http://news.bbc.co.uk/2/hi/americas/7297093.stm

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  2. Collectively the current situation will see less federal, state and local tax revenue and at the same time higher federal, state and local costs for these and other aid programs.

    "Already, demand is up in 43 states. Fourteen have hit record highs. In Michigan, one in every eight residents is on food stamps; one in seven in Kentucky".

    http://www.cbsnews.com/stories/2008/03/31/eveningnews/main3984469.shtml


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