In the pro-jo today...

take a look at how many help wanted ads there are- less than 1/4 of a page. Then look at the foreclosures. Over 9 pages.....

wow.

The RI politicos will never learn. I'm getting out!

RI is no doubt bad, but I don't think that this problem is limited to our state. Foreclosures are out of control. Economy is in the toilet. Nationwide.

Not good. It's actually much worse in Florida..

The Florida housing market has been terrible for several years now.

-spence

The housing/mortgage mess is but small part of the overall problems with RI. The mortgagae mess will be over in a month. The housing market will take 2-4 years to recover. But unless the state gets its act together, the last worker out, please shut off the lights.

I think the mortgage mess is going to take a few years to really straighten out.

-spence

Not good. It's actually much worse in Florida..
not if your looking to buy :alien:

I just wonder what the outlook will be like 10 years from now.. what is our economy going to look like then??

I just wonder what the outlook will be like 10 years from now.. what is our economy going to look like then??

Probably something like this.

http://madaboutshanghai.blogs.com/mad_about_shanghai/images/yuan_notes_1.jpg

-spence

ohhh.... snap.

Probably something like this.

http://madaboutshanghai.blogs.com/mad_about_shanghai/images/yuan_notes_1.jpg

-spence

Singing Chinese in the Unemployment Line?