Sub Prime bankruptcies and Banking failure = death to the middle class
The banking and subprime crisis will produce a wave of 5 Million Bankruptcies in the next three years.
We will endure real expansion of costs and real loss in wage values.
This is going to kill the hope of the consumer spending bail outs.
The middle class will be squeezed out of existence. The bottom will continue to suffer.
Scott Forgey
Vigilant Documents
