Scary Charts – 01/09/11

Calculated Risk: Summary for Week ending January 8th

Job creation poor, participation rate down, YES unemployment is down!

I sincerely hope my readers continue on to read the source articles of my posts.  I always credit my sources and thank them all for providing content.

I do claim credit for the persnickety comments.

 

 

 

The New US Economy

Lost Decade for American Income – WSJ.com

For your Scary Charts check out the article link below.

Falling off the American Dream treadmill – Real median U.S. household income falls under $50,000. Poverty rate has grown exponentially since 2000, during the housing bubble.

Or see what Yves Smith is writing about real estate.

Latest Real Estate Time Bomb: Title of Foreclosed Properties Clouded; Wells Fargo Dumping Risk on Hapless Buyers « naked capitalism