Friday, January 23, 2009

Great Depression 2.0?

Closed Sign

Closed, not to open again
This recession is getting deeper. Are we headed for Great Depression 2.0? More and more local businesses are closing and many more businesses are laying off. I spoke with a local business owner who she does not know if they will survive. They have been laying off their staff and liquidating their inventory. Only time will tell if this is GD 2.0. But, things are getting worse.

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