December 8, 2008

Jobless rate hits 15-year high

 

By Len Boselovic, Pittsburgh Post-Gazette

Morris Segall of SPG Trend Advisors said the recession can't end until consumers are "financially sound and creditworthy." "Pumping dollars into banks, credit card companies, insurance companies and auto companies will not solve the recession until the consumer starts spending," he said.

Full Story: http://www.postgazette.com/pg/08341/933263-28.stm

 

 
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