Saturday, November 7, 2009

TODAY'S JOBLESS DISCOVERY

BANZAI7 NEWS--Consumer credit fell in September for the eighth straight month, the longest streak of declines since the Federal Reserve started keeping records in 1943.

Total consumer borrowing fell a seasonally adjusted $14.8 billion, or 7.2%, to $2.456 trillion in September, according to the Federal Reserve.

Less debt incurred not to purchase products not manufactured by not employed workforce.

1 comment:

  1. WB7, that last line sums it all up in one sentence.

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