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Sunday, November 1, 2009

Nine More Banks Fail

115 to date this year.

The article makes only a glancing observation about the Commercial Real Estate Loan looming crisis and declares the home mortgage crisis over....

Wait till January. It will be a weak Christmas Season, lots of stores will close and the chickens will come home to roost. While India and China come out of recession, the price of Oil will again spike due to demand, and our economy will be at best flatlining....

You read it here first...

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