Monday, November 10, 2008

Two Very Troubling Articles...

...that the always informative Global Economic Trend Analysis blog is covering today.

First, this one about GM retiree health care benefits going away and then this one about parents pulling kids out of daycare because of the continuing financial problems.

Readers, this is getting even more serious. Due preparations (starting with debt reduction/elimination) remains crucial in light of the continued uncertainty. Do not assume that a recovery is near.