Jul 07
Filed under: Bad news , Money and Finance Today , Economic data , Personal finance , Housing From this writer's observation, it seems that we have two US economies. One economy is doing just fine. The people in this group have money. They are living well, eating out frequently and buying pretty much what they want. Then we have a second economy made up of the unemployed and persons living on the edge of disaster. Here we see a growing number of credit card and home equity delinquencies.
