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Tuesday, January 04, 2011

Economic education

So how well is the economy reLly doing?

Well personal bankruptcy is up to a 5 year high even. Though the new laws passed by Congress were supposed to make it harder to do
1.53 million filings 2010
Up 9% form 2009
Speeds are blaming jobless rate and drop in home prices
There is a feeling that the number of filings will drop in the New Year

Well that last part makes since that the numbers would go down - they are running out of people who CAN file.

So who is it that filed?
People earning $60,000 ot more annually
People with college degrees
Married couples
People of ASIAN decent (wonder what's up with that)

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