Word: bricked
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...occasional camouflage jacket and bush hat--belied the fact that he is a wealthy man. He lives with his wife of 23 years, Terry, and a teenage son and daughter on a 32-acre horse farm in the suburbs of Minneapolis. Posted above the front door of his red brick colonial house is a sign: FORGET THE DOG. BEWARE THE OWNER...
...Sagra felt the pinch months ago. "Construction started to really slow in February or March, with the subprime crisis in the U.S.," says Duque, "and that's when the brick warehouses started to fill up." Many brickworks in the area closed for several months over the summer. Most in La Sagra have suspended workers temporarily in a program negotiated with the unions that allows employees to receive unemployment benefits for three months, and then guarantees their return to work. With recession looming, Duque worries about what lies ahead. "That's when we're going to start seeing factories closing...
...Alameda de la Sagra, says he's most concerned about the impact of the slump on his neighbors, some of whom are already in difficult circumstances because their mortgage payments have jumped while their shifts have been reduced. "It doesn't just affect the people who work in the brick factories," he notes. "It affects the truckers who transport the bricks, and the mechanics who take care of the trucks, and eventually even the bars where those workers go for a drink. It's like the fish that bites its own tail...
...Sagra, they first felt the pinch months ago. "Construction started to really slow in February or March, with the subprime crisis in the U.S.," says Duque, "and that's when the brick warehouses started to fill up." Many brick works in the area closed over summer, but things have hardly improved since then. Duque says most of the brick companies in La Sagra have suspended workers temporarily in a program that allows them to receive unemployment benefits for three months and then return to a guaranteed job. With the financial meltdown adding to Spain's troubles and the country...
...spread them out over two or three years." But he's most concerned about the impact on his neighbors, some of whom are already in difficulties because their mortgage payments have jumped while their shifts have been reduced. "It doesn't just affect the people who work in the brick factories," he notes. "It affects the truckers who transport the bricks, and the mechanics who take care of the trucks, and eventually even the bars where those workers go for a drink. It's like the fish that bites its own tail." - by Lisa Abend...