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Business, Administration & Management
LARGEST ECONOMIC ATTACK in History UNDERWAY is in fact Financial Armageddon
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<blockquote data-quote="Armistead" data-source="post: 50223207" data-attributes="member: 198998"><p>I really fear for the soon to be gone Middle Class. I'm in the Construction industry and it's falling into total chaos. One after the other has failed.</p><p>I was hanging on, down to 8 employees, then a major Contractor I work for went bankrupt with no warnings. Even let most of use keep working on several of his jobs...that he got paid for. I lost over 100K of money. Had to let go of everyone. Probably going to lose my business.</p><p> </p><p>Oh yea, I'm in line with liens, ect.., but lawyer says I gill get 20 cent on the dollar if I'm lucky...in a few years.., by then it won't matter. There is no work to even bid. We are all watching our dreams fall apart. Our area has been decimated by loss of jobs. </p><p> </p><p>Broke my heart to let go of my workers right before Christmas. I used my personal savings to pay them, leaving myself broke.</p><p> </p><p>I sure hope things will get better. I'm all for giving any President a chance. God knows Bush was a disaster. Still, everything they're doing is going to set this nation back a generation. </p><p> </p><p>We are preparing for a bleak future. Just hope to keep my house, only owe a few years on it....I can live off the land then if needed.</p></blockquote><p></p>
[QUOTE="Armistead, post: 50223207, member: 198998"] I really fear for the soon to be gone Middle Class. I'm in the Construction industry and it's falling into total chaos. One after the other has failed. I was hanging on, down to 8 employees, then a major Contractor I work for went bankrupt with no warnings. Even let most of use keep working on several of his jobs...that he got paid for. I lost over 100K of money. Had to let go of everyone. Probably going to lose my business. Oh yea, I'm in line with liens, ect.., but lawyer says I gill get 20 cent on the dollar if I'm lucky...in a few years.., by then it won't matter. There is no work to even bid. We are all watching our dreams fall apart. Our area has been decimated by loss of jobs. Broke my heart to let go of my workers right before Christmas. I used my personal savings to pay them, leaving myself broke. I sure hope things will get better. I'm all for giving any President a chance. God knows Bush was a disaster. Still, everything they're doing is going to set this nation back a generation. We are preparing for a bleak future. Just hope to keep my house, only owe a few years on it....I can live off the land then if needed. [/QUOTE]
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LARGEST ECONOMIC ATTACK in History UNDERWAY is in fact Financial Armageddon
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