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[ECON] 1/10

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[ECON] 1/10
« on: December 05, 2008, 11:06:37 AM »

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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
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Re: [ECON] 1/10
« Reply #1 on: December 05, 2008, 02:08:54 PM »

1 in 10 is crazy.  I'm having trouble comprehending that.
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Rich Corinthian Leather Jacket

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Re: [ECON] 1/10
« Reply #2 on: December 06, 2008, 08:45:27 AM »

That seems kind of high, but then again we've lost a few million jobs, and I've heard that ACTUAL unemployment is probably in the 8 or 9 pct range...
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
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Re: [ECON] 1/10
« Reply #3 on: December 06, 2008, 09:03:27 AM »

If all these people bought homes at inflated prices that they can't afford to pay back, where are all the people who made out like bandits by selling these homes at highly-inflated prices in the first place?
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Re: [ECON] 1/10
« Reply #4 on: December 06, 2008, 09:12:45 AM »

I'd say the ratio in my neighborhood is about 6 out of 10.

The 2 house to my left are bank owned.  The one to my right was bank owned for over a year and was finally bought for 50 cents on the dollar.

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