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Economy on the brink

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Mar. 7 - More job losses in US pointing to further weakness in economic outlook. U.S. employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession.Deborah Lutterbeck reports.

Channel: News & Politics
Uploaded: March 7, 2008 at 11:02 pm
Author: ReutersVideo

Length: 01:59
Rating: 4.29
Views: 9665

Tags: business_GF  economy  job  loss  rate  recession  Reuters  

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odin422 (July 24, 2008 at 6:57 am)
GROW YOUR OWN FOOD!
kng863 (July 22, 2008 at 4:08 pm)
If stimulus checks will help most people buy homes, then we need about 200 x $300 = $60000 just for a downpayment on a house. Stimulating the economy is like injecting steroids into a corpse.
kng863 (July 22, 2008 at 3:57 pm)
Real estate agents need tougher certification standards. Like a course in economics. They really think they can sell anything at whatever price they want. The only people that could probably afford are the foreigners, but i think they don't want to live in USA because the REAL ESTATE IQ is so low as well as all other fascets of education.
kng863 (July 22, 2008 at 3:53 pm)
Home prices do not reflect realistic incomes and employment levels. Enough said. The recession is gonna last for years especially for those who built McMansions in middle class neighborhoods. Way to go with giving huge loans to people with no incomes. Now we have high unemployment and inflation. There was definitely something wrong when local teachers, cops, firemen could no longer afford to live in their own towns.
Xakryn (July 7, 2008 at 6:59 pm)
George bush is optimistic about the economy, doesn't that tell you something right there?
mungcray (June 28, 2008 at 5:31 am)
come to michigan. the shit is real bad here. you have no idea!
KARStarla (May 21, 2008 at 8:27 am)
We've seen NOTHING YET, want to watch the most informative videos on the net of whats only started in America?Watch this"Syndrome of control" by Lindsey WilliamsThen after watching that PLEASE INFORM OTHERS SO THEY KNOW
Daritto7117 (May 20, 2008 at 12:59 am)
what? ofcorse im talking about numbers..thats all the economy is. NUMBERS :)
rickrocker (May 19, 2008 at 6:39 am)
There are other influences at work. Such as the demand for the rest of the world to separate from the USD, housing, our over-expended military, etc etc etc. There will be people dying here shortly and countries moving to other monetary values. The only things that makes me negative is that no one seems to know where the bottom is and other countries are sick of being tied to us. Germany felt negative growth post WWI. Wheel barrows of Marks because they printed money from thin air like Ben and AL
Daritto7117 (May 19, 2008 at 5:10 am)
Our economy to strong to be shattered by that. Maybe 2nd world or 3rd world counties then possible yes.Our money is still heavily missmanaged and yes the NEWS STATIONS are making its seem bigger than it really is. ITS JUST NEGATIVE GROWTH PEOPLE. Its the opposite of positive.

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