Real estate blog entries tagged with changes in the new economy by Richard Smith FHA VA Rural Development in TN GA

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Home : Blogs : Richard Smith FHA VA Rural Development in TN GA : Richard's Real Estate Thoughts : Tag "changes in the new economy"

changes in the new economy: Bank failures mounting - 04/24/09 06:58 PM

Last year there were, I think, 25 bank failures. To date this year, there have been 27. Two today. Heritage Bank in Michigan and American Southern in Kennesaw, GA. The pace is apparently picking up.
With the news about GM shedding Pontiac, numerous plant closings, the economy remains troubled. There has been here and there a piece of encouraging news, but I do not think the turn has been made yet.
We are coming into a new economy. More centralized? Less American? More government? Less debt? More socialized? Less entrepreneurial?
A congressman has recently asked if capitalism is the same as … (9 comments)

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Richard Smith FHA VA Rural Development in TN GA

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