“I’d been within the Air Power for 4 years and was lots youthful once I first joined the financial institution,” stated Jones, who’s now 93. “The Lord has been good to me to let me reside this lengthy and to have allowed me to be related to so many nice individuals.”
Jones remembers the hovering rates of interest of the late Seventies and early Eighties that approached 20%. As you would possibly count on, the mortgage market utterly dried up and building got here to a halt with such excessive rates of interest. Unemployment was at its highest ranges because the Nice Melancholy.
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