« The Need for Mortgage Managers to Adopt | Main | Chicago Mortgage Refinancing Smart Homeowner »
May 09, 2006
Financial "Perfect Storm" Brewing Over America's Middle Class, Says Bankruptcy
A weakening housing market, together with other financial currents in the U.S. Economy, represents the potential final impetus to a 'Perfect Storm' brewing over the American Middle Class, and, without luck or prompt legislative action, may lead to disaster, especially for homeowners. The other prevailing currents threatening to collide over the heads of an unsuspecting public, claims Graham, include rising interest rates, limited recourse to bankruptcy relief and the virtual elimination of usury and other restrictions on credit card
From Financial "Perfect Storm" Brewing Over America's Middle Class, Says Bankruptcy
Posted by Peter at May 9, 2006 01:38 PM
