Can you imagine going from a six figure income all the way to looking for $7 an hour? Well it is true. and there are many more like this to come. Well, you may think…makes sense because this person was in the mortgage industry, but the fact remains, this year many more people will lose their jobs and it will be tougher and tougher to make anything come of it.

This is a story that appeard in CNN, and you can see that there are some serious challenges facing our nation. Barack Obama! Will you come to the rescue?
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In the wake of the global credit crunch, stock exchanges throughout the world collapsed in tandem. Why?

1. All of them – from the mighty Wall Street to the puny Macedonian Stock Exchange – have come to depend on a regular and inexorable flow of foreign portfolio capital to sustain the bull market. When this influx of hot, speculative funds ceased and foreigners began to sell their holdings, the bubbles burst everywhere at once. (more…)