Prediction: Your Standard of Living is Going Down in 2012

“This year has been for most people a terrible, sucky, bad year for personal financial statements. The reasons are pretty simple: stocks have been hard to pick, gold and silver have given up most of their gains, and this coming week (December 21st) the National Association of Realtors will update housing prices going all the way back to 2007 because of apparent over-reporting of sales.

Sources tell us that it hasn’t been uncommon for people counting deeds in courthouses in different areas of the country to count things like foreclosures as sales, since training on number-gathering does take some attention to details.

The first part of this article is a bit “numbers intensive” but hang in there, the results are important.”

Via Activist Post

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