Rat says: DUHHH !!! Having tried to tell people about this dynamic several years ago, it is bitter sweet to see these types of stories hitting the public airwaves currently. What these people(ex-homeowners) have to realize now is that this wasn’t free market dynamics at work. This was designed, the timing was planned and the magnitude is still being suppressed by the mainstream “old medias.”

As we witness continued “Free Trade” (globalism) propaganda being shoved down our collective throats, one by one we lose our most important industries to third world labor. Why are houses going for $29,000 or lower in Detroit, I will give you three guesses, vroom vroom. The automotive industry is no longer on life support, they pulled the plug. What are growth industries in the US now? Try private corporate prisons and defense contractors, see a trend?

*AvidFan45
Housingpanic.blogspot.com

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