Replies to post #5189 on Direxion Daily Financial Bear 3X Shares (FAZ)

[stock2windaily]

Job numbers come out tomorrow - they are worse then expected!

Banks will have to return the money - with interest - interest is at a HIGH rate - that will not help the cause.

When Chrysler go BK - which they already filed, and GM follows - which they are more then likely too - the banks that have LARGE LOANS to them - will likely have to settle for pennies on the dollar.

I could go on - but no need - add to that the other problems and commercial real estate foreclosures now starting to become a problem..... Credit card debt is now at $2.95 Trillion and the next crisis is expected to be the Credit Card Crisis.

Then - consider the auto repossesions that will be coming with the increase of jobless people!