Remarkably, there are simply no indicators suggesting a rosy coming period for the U.S. economy. None, not one. On the other hand, there are plenty of arrows, and thumbs, pointing downward. No one has said how the gaping hole caused by the sub-prime mortgage crisis and related predatory lending policies will go away. If anything, the home foreclosure rate is expected to worsen next year, not ease off, as more balloon payments are triggered on adjustable rate mortgages.
