Debt Rattle, July 25 2008: Upside Down Underwater

Dorothea Lange Cow Hollow October 1939"Mrs. Sam Cates, wife of Cow Hollow farmer. Malheur County, Oregon." Ilargi: These days in the US, more than 8,000 properties enter foreclosure proceedings each day, 740.000 in the second quarter of this year. This means that close to 3 million homes will be subjected to foreclosure filings in 2008.220.000 homes were actually repossessed by banks in the