Gloom deepens as 70,000 global jobs go

Discussion in 'Wall St. News' started by ganesh6, Jan 26, 2009.

  1. ganesh6


  2. It's certainly bad news but why are they trying so hard to report the bad news? It's like everyone is a bear now.
  3. Check this math out
    For each Job Loss, 40% might own houses,

    75% probably still have a mortgage to pay. <b>So 30% will lose their homes.</b>

    70,000 jobs = 21,000 foreclosures coming to a neighborhood near you.

    Bad news or trying to be bad news?
  4. It´s called "recession obsession" and every experienced journalists wants to be part of the "herd like mentality"...:D