Sunday, January 11, 2009

Collapse imminent

We built a bridge too far. The rush of building anticipating future growth will leave retail stores no choice but to retract out of survival. This will leave many buildings empty. Yet we are still building like crazy in my neck of woods new malls etc. The consumer needs to be bailed out and then needs a credit line of 100,000 to restimulate economy, he also needs retirement of any mortage debt. This will never happen therefore American Economy will collapse, china will stop buying our debt and even worse sell what they hold reducing America to a shell of itself with world power shifting to Europe as Bible in book of Revelation predicts.

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