My wife told me yesterday afternoon that her employer just eliminated a whole shift of employees on Monday. She also mentioned that several other employers in the area are doing the same.
My wife’s employer manufactures vitamins and they sell world wide. Those who say there will be an increase in global sales due to the declining dollar,I believe, will be proven wrong. At least from what I can see anyway.
What bank’s own a lot of assets backed by commercial loans? Yikes!!!
