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Is this correct??
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LazFX


just wanted to know some of yous guys opinions...... and how it deals in with what the new POTUS will be doing about it.....
Fir3start3r
Related?



Closer than I was thinking...:nervous:

I guess if I'm going to compare these two the question would be, is the job loss due to the mortgage or the mortgage due to the job loss...
NeoPhono
quote:
Originally posted by Fir3start3r
Closer than I was thinking...:nervous:

I guess if I'm going to compare these two the question would be, is the job loss due to the mortgage or the mortgage due to the job loss...


Probably more the later, but mostly due to people wanting more than they can afford and looking to high-risk mortgages to get it.
atbell
I don't think the job loss chart is right.

Mostly it's because the map attributes the losses to NAFTA. What might be accurate is that the map could be a set of jobs lost SINCE NAFTA. I find it really hard to beleive that anyone has enough statistical data or tricks of equations to say for certain that NAFTA caused large amounts of job losses.
Krypton
There may be more factors than simply free trade agreements. I would think that map is too simplistic.
DJ Shibby
Makes sense, especially since California was central to the rise and fall of "the housing bubble".
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