peristaltor: (Default)
peristaltor ([personal profile] peristaltor) wrote2009-05-04 06:49 pm

The Next Foreclosure Wave -- Ready For A Riding!

Eschaton brings us the new wave. Looks like we are right now in the very lowest point of the trough, with a wave of potential foreclosures looming right before us.

Pay close attention to the second bar graph in the graphic and consider what it represents. I mean, freakin' hell, people, an over 80% increase in mortgage payments by mid '11?

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