Home Foreclosures are Soaring
RealtyTrac reported that home foreclosure filings skyrocketed
32 % to a new all-time record high in April, making the
March-April period the worst two-month surge in foreclosures ever.
A record 682,000 homeowners received notices.
And as if that news isn’t disturbing enough, they’re also
warning that the greatest surge in foreclosures of this crisis
is still ahead.
The housing bust that lit the fuse on this economic crisis
is nowhere near ending. A new explosion in loan losses
is about to challenge the banks again.
New employment implosion taking shape NOW…
8.9% unemployment.
Chrysler dealers warned that the automaker is about to close
800 dealerships with thousands of employees.
General Motors is following suit.
With Chrysler bankrupt and GM less than three weeks away
from its June 1 deadline, hundreds of thousands of workers at
these two companies, plus thousands of dealerships and suppliers
…Are now only days away from Losing their Paychecks.
With U.S. unemployment almost 9%, these new job losses can only
cause MORE:
- mortgage defaults
- credit card defaults
- auto loan defaults
- consumer reluctance to spend in the months ahead!
- tightening up of credit
The credit crisis is what nearly triggered a global economic
Armageddon last year - a world-wide, systematic shutdown
— that may well strike again in the coming months ahead!
The federal budget deficit is projected to hit at least $1.75 trillion
this year and $1.2 trillion in fiscal 2010.
Don’t let a Failing Economy Bankrupt YOUR Future…
Do something about it NOW…
There are tons of ways to make money quickly online.
If you want to get serious and start a REAL money making business…
Maverick Money Makers is a private society that would like to
extend an invitation to you for some Money Making Wisdom.
Maverick Money Makers will give you must-know information to
EMPOWER YOU to build a SIX-FIGURE A MONTH business.
Step-by-Step what to do next guidance to…
Make Your Financial Dreams Come True NOW!
You will never have to worry about money or bills ever again!
We invite you to Watch The Video in the middle of the page
on the following link…
www.Maverick-Money-Makers-Coaching.com/
Take Control of Your Financial Future!
TAGS:
foreclosure, General Motors, GM, homeowners, Maverick Money Makers, unemployment. Chrysler
Leave a Reply
You must be logged in to post a comment.