Faster Inflation May Unleash `Financial Tsunami'
Rising consumer prices will leave more U.S. consumers unable to pay their debts and may lead to a "financial tsunami,'' according to Bennet Sedacca, president of money manager Atlantic Advisors LLC in Winter Park, Florida.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8j2MuFdqA3s&refer=worldwide
House-sellers outnumber purchasers by 15 to 1
There are 15 times more homes for sale than people to buy them - a worrying signal of the imbalance between supply and demand in the housing market.
http://us.ft.com/ftgateway/superpage.ft?news_id=fto062220082106286263
Food relief line grows long, tense
The chaos that erupted outside Milwaukee County's main welfare office Monday over disaster-related food aid had more to do with a weak economy and crushing poverty in parts of this community than the devastating floods that swept through the state earlier this month, local government and food relief officials said.
http://www.jsonline.com/story/index.aspx?id=764962
From Information Clearing House
http://freepage.twoday.net/search?q=housing
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8j2MuFdqA3s&refer=worldwide
House-sellers outnumber purchasers by 15 to 1
There are 15 times more homes for sale than people to buy them - a worrying signal of the imbalance between supply and demand in the housing market.
http://us.ft.com/ftgateway/superpage.ft?news_id=fto062220082106286263
Food relief line grows long, tense
The chaos that erupted outside Milwaukee County's main welfare office Monday over disaster-related food aid had more to do with a weak economy and crushing poverty in parts of this community than the devastating floods that swept through the state earlier this month, local government and food relief officials said.
http://www.jsonline.com/story/index.aspx?id=764962
From Information Clearing House
http://freepage.twoday.net/search?q=housing
rudkla - 26. Jun, 08:15
