In which she goes of the year, 800,000 people remained without use, 200,000 of them only in the month of September. This takes the total of unemployed people to 9.5 million, to which other six million are added that only work partially. September of 2008 already has been devoted like one of the most unlucky months of recent history, if not the one that more. The hypothecating fiasco has made disappear the credit, and in this society, without credit, nobody purchase nothing. The companies cannot obtain credit to do against their debts and those that cannot receive either can pay. See more detailed opinions by reading what Robert Burke offers on the topic.. The sale of new properties descended more to the level under last the 17 years and in the last 12 months its value declined 16.3%, in agreement with Standard & Poor s. The automotive companies, on the other hand, report the sales more exiguas of last the two decades: only in September, a 30% fell.
The airplanes travel half empty. The supermarkets are selling more eating for the simple reason that people avoid to eat outside. According to Moody s Economy.com, the net value of the North American homes (the total of assets of the familiar group, except the liabilities) it fell 10 trillions of dollars in last the four weeks, and the retirement plans there are lost two trillions of dollars in the last 15 months. The efforts of the government and the Federal Reserve to insufflate liquidity in the market encounter the more and more intense distrust of the public, who feels that the crisis has still not touched bottom. It adds to us Diament in its writing, that gradually begins to appear heartrendering histories of relatives, known friendly or that is lost everything or is on the verge of losing it. People appeal to her savings, their reserves and their plans of retirement. According to The Wall Street Journal, the persistent fall in the price of the properties, that in some areas arrives until 30%, she has caused that, practically, one of each six houses has mortgages by a value superior to the one of the building.