2009 Depression – Mass Layoffs, Job Losses, Job Cuts, Store Closings, Foreclosures, Unemployment Rates, Home Refinancing …


It’s only the second month of year 2009, but words that I come across most are still 2009 Depression, mass layoffs, job losses, job cuts, store closings, foreclosures, job findings, redundancies, unemployment rates, home refinancing, credit crisis, recession fears,

I read news about layoffs and hear store closings being announced daily by companies all over the world.

What’s getting more worrying is that home owners, who previously could pay their bills on time and have good credit score, are no longer able to make their payments on time or facing the possibility of foreclosures.

Is 2009 Depression really here?


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This entry was posted on Sunday, February 1st, 2009 at 7:10 pm and is filed under Financial News & Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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