Bankruptcy you say. Bank of america is keeping all options open. It might soon cut 40,000 worker to trim expenses. That is not a good sign. It means there is no recovery. Actually, there never was. What we face is a depression not a recession. OK, I said it now. Hope we can survive. Yeah, what is coming.
Monday, September 12, 2011
Bankrupt banks
Bankruptcy you say. Bank of america is keeping all options open. It might soon cut 40,000 worker to trim expenses. That is not a good sign. It means there is no recovery. Actually, there never was. What we face is a depression not a recession. OK, I said it now. Hope we can survive. Yeah, what is coming.
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