Foreclosures Rose 53% in June, Bank Seizures Tripled

Foreclosures Rose 53% in June, Bank Seizures Tripled

www.bloomberg.com

July 10 (Bloomberg) -- U.S. foreclosure filings increased 53 percent in June from a year earlier and bank seizures rose the most on record as deteriorating property values and higher rates on adjustable mortgages forced more people to give up their homes.

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[edit on 14-7-2008 by MemoryShock]

[edit on 14-7-2008 by MemoryShock]

I believe what we see happening with the worsening financial crisis could very well be the fulfillment of prophecy found in Revelation...

And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird. For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies. - Rev 18 vs 2-3

And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more - Rev 18 vs 11


www.bloomberg.com
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reply to post by savetimerushonline


Revelation 18 I thought was a comet wasting NYC,no the current problem is there is only so high you can stack fecal matter before it collapses under its own weight ,casino has been taking bets it can't cover if the gamblers win and the gamblers are all using borrowed money,sooner or later the music stops and...