2020 vs 2008? OMG!

How many Americans have filed for Unemployment?

In the near future, it could eclipse 50 million.

And are we now going to make that 2008 Housing Crisis look like child’s play?

U.S. lost 2.6 million jobs in 2008.

U.S. employers shed 2.6 million jobs in 2008, the worst year since 1945.

But how many Homes were LOST in 2008?

About 10 million

Americans lost their homes during the financial crisis.

The Sept. 15, 2008, bankruptcy filing by investment bank Lehman Bros. 12 years ago was an unofficial start to a crisis that nearly took down the financial system.

Okay. Let’s use Simple Math.  Shall we?

In 2008:

10,000,000 homes ÷ 2.6 Million Unemployed equals 3.85.

So, for every 3.85 Lost Jobs, one home was LOST.





In 2020:  and Pandemic going into 1st half of 2021 using 50 million Lost Jobs and that same 3.85 number above?

Okay?  Not saying this is the real deal. But…

50,000,000 x 3.85 equals 12,987,012 Homes will be LOST?

Opps!  Did I just get that Math Problem Backwards?

And the real Answer is 192 Million Homes?

And 2008 almost Destroyed Our Financial System, so what are you thinking now?  But I asked someone in Business And He knows such stuff and he said it will be more like 50 Million Homes.

I know, it’s more than scary…2021 could be financially very dismal.