Nowadays, you get to hear a lot of stories about people going into bankruptcy. Many of them have no other recourse, and they probably think that even one of those reliable credit repair services won’t be a good enough relief from the deep hole that they’re into.
It’s a sad situation, but it is inevitable. With thousands of pink slips handed over to many employees, and tons of companies folding up throughout the course of the past year, this scenario became a normal occurrence.
Are we ever going to come out of this recession? Many economists predict that we will eventually bounce back. In fact, some of them are very optimistic that they are now saying that they see signs of the economy bouncing back. I think it is too premature. As of late, it’s mind boggling to even hear of hospitals closing due to lack of budget. With that alone, we’ll see tons of health care workers displaced from their posts which means these workers will become part of the statistic.
Personally, I have yet to see the economy bounce back. Although, like most of you, I’m hoping that better days will come sooner than later.