Predicting Bank Shutdowns
This morning, Les Jones predicted some bank shutdowns tonight.
Tonight, he was proved right.
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Not encouraging at all. Many “experts” keep comparing government reactions to Japan in the early nineties. They never completely recovered from that 10 year recession in my opinion.
At this rate we are on track for 78 closures this year
voiceofreason2 (ae1cb9) — 2/14/2009 @ 4:44 pm