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re: Mortgage delinquencies surge by 1.6M in April, the biggest monthly jump ever
Posted on 5/21/20 at 3:27 pm to Crowknowsbest
Posted on 5/21/20 at 3:27 pm to Crowknowsbest
quote:
So much for the misguided and hopeful proclamations of short-term economic impacts and a speedy recovery.
Well we can’t really judge that right now. The more things open up the faster the recovery will be.
Posted on 5/21/20 at 3:35 pm to TH03
quote:
Well we can’t really judge that right now.
I think we have a pretty damn good idea. The numbers are adding up to be way too devastating for a quick recovery. It’s at least becoming very unlikely that that will be the case.
quote:
The more things open up the faster the recovery will be.
I don’t have high hopes judging by the governmental and popular response to this point.
Posted on 5/21/20 at 3:41 pm to TH03
quote:Nothing is pointing at a “v-shaped” recovery.
Well we can’t really judge that right now. The more things open up the faster the recovery will be.
Even in areas where they have already reopened, businesses seem to be reporting that they are unable to find employees.
People aren’t returning to work.
If people won’t return to work, it does not matter if areas open or not.
This post was edited on 5/21/20 at 3:43 pm
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