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Old 09-17-2007, 05:46 PM
redrat11 redrat11 is offline
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Join Date: Sep 2005
Posts: 2,273
Default Re: The Homeless?????

Bad News for Arizona

My employer last year had over 900 workers, they are now down to 430, they told us today that they plan to trim that down to 200 by years end.

The economy here is heading downard, due to the financial insanity in the housing market, Arizona's economy is extremely-tied to the housing industry. There is, if you can believe this, over 50,000 new unsold housing units on the market right now. Most of these units have been sitting for over a year now.

Nationally, I think the economy is heading for a severe CORRECTION somewhere, perhaps a depression????

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