Quote:
Originally Posted by corriewf
I wouldnt generalize that as the economy tanking but due to inflation.
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100,000 layoff announcements in the last week, including Ford and GM. Major Retailers being sold off. Interest Rates raising. Uncontrollable fuel costs. Durable Goods sales down. Single Family Home Sales dropping. Of course, inflation is the same as far as the government is concerned but prices continue to rise.
All these do not lead to a good economy.