Thursday, January 13, 2011

Housing market drop *surpasses* that of the Great Depression

http://www.cbsnews.com/stories/2011/01/13/earlyshow/main7243135.shtml?tag=broadcast

This coupled with the news that the unemployment rate is back up after the laying off of the temp Christmas retail workers should raise the "Spidey-sense" of anyone paying attention.  Should we just call this a Depression already so we can try to figure out a way to solve it?

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