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Posts Tagged ‘Mortgage’

Unemployment a Bad Fundamental News »

Unemployment a Bad Fundamental News

AP reported that “Obama, a Democrat who is to be sworn in at noon Tuesday as the 44th U.S. president, inherits a $1 trillion-plus deficit and the worst economy since the Great Depression.” But some other sources reported that the accumulated deficit is more than $ 3 trillion. The Recession Obama not only inherits a huge deficit but also

The Countdown to the Global Financial Crisis »

This is a summary of events that lead to the current Global Financial Crisis. January 2008 Starting from the 2nd. day of the New Year US Stock Markets took a Downturn for about three weeks. The National Association of Realtors announced that drop in New Housing Sales in 2007 was the largest drop in 25 years. March 2008 Bear