The U.S. Economy is in a Downhill Spiral Ready to hit Rock-Bottom soon.
Unless Oil and gasoline prices drop sharply and The banks start giving a greater percentage of interest on CDs and saving and checking accounts , don’t plan for a recovery any time soon in the economy .
Many people used to rely on interest income , now what do we get 1% while credit card company charge us 23% for late payment –an outrage and where is the cost of living for Social Security Recipients? The Real estae market continues to go downward and all homeowners are seeing thier equity go down the drain. Its a sad day for The U.S. economy ….end