I was just thinking if the Auto Industry collapses there is going to be alot of unemployed people. This will inturn affect income taxes that the government collects as people will have lower incomes to collect from. So how is the government going to move forward with anything if they wont have any money either? There is already a huge deficit. This is probably just the beginning of the house of cards falling down.
Alot of credit card companies are slashing limits on people. I know people and me personally have had limits cut on perfect credit and no late payments. The consumer credit crunch is still coming I think. I guess its back to bartering and trading.
Alot of credit card companies are slashing limits on people. I know people and me personally have had limits cut on perfect credit and no late payments. The consumer credit crunch is still coming I think. I guess its back to bartering and trading.
