The roar of the motorcycle was muted today. Sadly, motorcycle maker Harley Davidson will cut 1,100 jobs due to our severe recession economic crisis.
Manufacturing sector was hard hit last year, and this year it is suffering even more as we see that even luxury products are getting the ax. Many motorcycle owners are not making payments and credit losses are hurting Harley.
This is a sign of the times when everybody is getting hit hard by what is turning into a deep depression and a financial panic. I predict that unemployment will soar this year.
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