Foreclosure Crisis + Unemployment = Economic Collapse?

Please RATE, COMMENT & SUBSCRIBE^^^^^^^^^^

No longer is the subprime mortgage the main culprit in all these foreclosures. Now it's the simple fact that if PEOPLE DON'T HAVE JOBS TO EARN MONEY - THEN THEY CAN'T PAY THEIR MORTGAGE!
What's next people? Can the Federal Government throw money at this unemployment problem and make it just go away? Ha!

Category:

People & Blogs

Tags:

• thedailyron
• mortgage
• subprime
• crisis
• unemployment
• jobloss
• foreclosures
• record
• number
• foreclosure

[inspiringcarlos]

It `s time to start thinking outside the box....

[TheDailyRon]

@inspiringcarlos Definitely. Thanks for watching

[hatdance265]

Im just hoping it'll recover soon..

[TheDailyRon]

@hatdance265 Absolutely! Thanks for watching.

[CSAKvids]

It really is a viscous circle, just like Northernstar9370 said!

[TheDailyRon]

Definately

[jadebuch]

now all of the talk about rising foreclosures---and this video was made about a year ago----i think what would help america is if we put up import quotas and protected our workers then we would stop the trade deficits and the outsourcing of jobs -- consumer goods may cost a little more but it's better than bankrupting the whole country--my two cents

[TheDailyRon]

@TheRaawan Far from it actually. May I ask what country you are from? I'm sure we have given you money at some point or bailed you out of some trouble at one point or another.

[phill903]

It is a really week economy thanks to a lot outsourcing and that leads to no jobs and a depression. I hope we can come out of it with more than the shirts on our back.

[TheDailyRon]

hahaha I hope it doesn't take that long LOL