by Michael Snyder
The Economic Collapse Blog
Week after week we continue to get economic numbers that are absolutely horrific, and it appears that we are heading for a housing crisis that will be even worse than what we witnessed in 2008. Back then, millions of Americans lost their homes, but this time around it could be tens of millions. I know that a statement like that may sound overly dramatic, but I believe that many of you that feel that way may change your minds after reading this entire article.
In order to make rent and mortgage payments, Americans need paychecks coming in, and right now people continue to lose jobs at a pace that is hard to believe.