ES Journal Archive (2009 - 2010)

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First the nail salon and now...

The DAY SPA CLOSED! Holy CRAP of a Recession! People are really hurting or have finally woken up!
 
Quote from wave:

First the nail salon and now...

The DAY SPA CLOSED! Holy CRAP of a Recession! People are really hurting or have finally woken up!

day spa?

This week our town lost a poundshop (all items are £1).
 
Quote from JSSPMK:

day spa?

This week our town lost a poundshop (all items are £1).

Even on this side of the pond. Subprime behind us mostly. Now it's time for the more "genteel" to take us to Recession II or Depression.

Subprimers shopped at the poundshops/dollar stores, the more "genteel" will take down the bigger players with them.
 
Listen to Bennie trying to not spill the real corruption that went on with CDS. If the public only knew the true story.

Think, 2.5 trillion of mortgages due to reset in 2012-2014. All these CDS taken out on MBS tied to loans taken by the more "genteel."
 
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