If The Economy Has Recovered Why Did This Just Happen?
Student loan defaults are on the rise. The student population is having a difficult time finding work and the government hides the fact that they altered the payback schedule to minimize the fact that people cannot pay them back. Home buyer confidence is falling. UBS recognizes housing bubbles in many cities around the world. If the economy is recovering why are we seeing hard data decline 6 times in a row. S&P lowered Deutsche Banks credit rating, it doesn’t see revenue getting any better.