Thursday, May 21, 2009
"The Problem With Debt"
The few statistics in this article seem to indicate how difficult a task it will be to restore the economy quickly...
Henry Blodget writes at BusinessInsider.com:
"15.4 million homeowners now owe more on their houses than their houses are worth, up from 13.6 million four months ago. The number will probably top 20 million when all is said and done. To mark this sad stat, we've updated our post from last fall on the power of leverage."
