Umm…Yeah…I could have told you that

According to BBC News, Richard Fisher is predicting that the jobless rate will reach 10% within the next year.   I can’t be the only one who saw this coming?  We have yet to hit the bottom.  Stocks are slowly regaining some ground but there’s still a lot of blood letting to be had.  I just hope the jobless rate isn’t much WORSE than 10% because 10% is going to be ugly…super ugly.

BBC NEWS | Business | US banker sees 10% jobless rate.

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