And do you think the Bureau is releasing accurate info? Come on now. And things can change overnight CJ...the stock market is on life support right now and WILL CRASH within the next several months...its just a matter of when.
Most write offs of bad loans have already taken place. Now it's just simply a metter of consumer and banking confidence. Banks have tightened credit up, which hurts people who want to start new businesses and need capital. People like you are scared, and so am I.
It's hitting the commercial banking system in the form of people pulling their money.