Gloom deepens as 70,000 global jobs go

Quote from Renegen:

It's certainly bad news but why are they trying so hard to report the bad news? It's like everyone is a bear now.

Check this math out
For each Job Loss, 40% might own houses,

75% probably still have a mortgage to pay. <b>So 30% will lose their homes.</b>

70,000 jobs = 21,000 foreclosures coming to a neighborhood near you.


Bad news or trying to be bad news?
 
Quote from Renegen:

It's certainly bad news but why are they trying so hard to report the bad news? It's like everyone is a bear now.

It´s called "recession obsession" and every experienced journalists wants to be part of the "herd like mentality"...:D
 
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