Monday, May 31, 2010
I bet there are more than twenty...
The U.S. Economic Collapse Top 20 Countdown
20 - Gallup's measure of underemployment hit 20.0% on March 15th. That was up from 19.7% two weeks earlier and 19.5% at the start of the year.
19 - According to RealtyTrac, foreclosure filings were reported on 367,056 properties in the month of March. This was an increase of almost 19 percent from February, and it was the highest monthly total since RealtyTrac began issuing its report back in January 2005.
18 - According to the Bureau of Labor Statistics, in March the national rate of unemployment in the United States was 9.7%, but for Americans younger than 25 it was well above 18 percent.
17 - The FDIC's list of problem banks recently hit a 17-year high.
16 - During the first quarter of 2010, the total number of loans that are at least three months past due in the United States increased for the 16th consecutive quarter.
15 - The Spanish government has just approved a 15 billion euro austerity plan.
14 - The U.S. Congress recently approved an increase in the debt cap of
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