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Re: Our economic slump is pushing four years now. The evidence is easy to find: huge deficits, slow growth, mortgage defaults, declining real estate prices, high unemployment  

By: ribit in ROUND | Recommend this post (1)
Fri, 06 Jan 12 7:32 AM | 47 view(s)
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Msg. 37749 of 45651
(This msg. is a reply to 37747 by capt_nemo)

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capt
As for rents rising, it will be limited. Unemployed people can only pay so much in rent.

...that's why we have all them bridges.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Our economic slump is pushing four years now. The evidence is easy to find: huge deficits, slow growth, mortgage defaults, declining real estate prices, high unemployment
By: capt_nemo
in ROUND
Fri, 06 Jan 12 7:19 AM
Msg. 37747 of 45651

http://www.zerohedge.com/contributed/three-long-waves


OOPS,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,LOL


Pemaquid
Pemaquid's picture

An overabundance of lawyers should equate to lower salaries. But, that only happens in a capitalist society.

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Thu, 01/05/2012 - 22:30 | 2037955 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Bruce, I agree with your assessment of douche bags (I meant lawyers) and labor participation. As for rents rising, it will be limited. Unemployed people can only pay so much in rent. My guess the rise from last year in rent was temporary.

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Thu, 01/05/2012 - 22:22 | 2037936 ihedgemyhedges
ihedgemyhedges's picture

Hope you're not trying to get us to feel sorry for lawyers, BK. Cause I bet the unemployed ones think they can get a free bankruptcy (do it yourself with your great law degree) and then they learn that student loan debt isn't dischargable in bankruptcy. I can just hear 'em all now: "DAMN IT, WHY DID I HAVE TO BE HUNG OVER DURING THAT CLASS?!?!?!?!"

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Thu, 01/05/2012 - 22:12 | 2037915 uncletrader
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Too...many....jokes...must...mock....lawyers....


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