I posit that Main Street USA is now in economic depression. My evidence thereof includes the record pace of regional and local bank failures, the current state of job losses and unemployment, the rising rate of personal bankruptcies, the record number of home foreclosures, and the deflation in home prices across the country. I weep for America...
Unemployed Should Consider Emigration
Depressions Past and Present
Wednesday: FOMC, Pending Home Sales
1 hour ago