A bunch of people build houses and shopping centers for all the other people building houses and shopping centers until the cycle inevitably implodes since there isn't any real economy associated with it.
The whole thing runs in about 8 to 10 years.
Since the white people stopped having children in the 70's, the new fish are Mexicans. The developers should just move to Mexico and play the stupid game, but of course the Mexican government won't let them...that's their sandbox.
So the game continues here. Yawn....
This game is played out. No more easy money for such schemes
For me America started downward in the 1980 when we started to run steady trade deficits and steady Federal budget deficits which have always been getting worse
Another big bump downward came after Russian/East European communism imploded
The free trade crowd and Wall Street financiers really came into their own
The USA no longer had to devote resources to defense against the Soviet Union.
The Cold War was over and same for the discipline of we had to fight the Cold War
NAFTA and GATT came after the USSR broke up
I doubt they would have passed before that breakup
When you take all US corporate profits Wall Street/finance has been responsible for an increasing share
Companies that manufacture on US soil have been less profitable
About 10 years ago Wall Mart became the largest US corporation knocking GM out of the top spot for good
Retailing became larger than manufacturing leaving us with is joke called the "consumer economy"
o-Cost of family formation has gone up and private schools become a necessity
o-- High real estate costs compared toi the 1950s and 1960s. Even the 1970s were OK
o- Lack of religious faith means marriage less stable
o- Too much junk food eating
o-- Birth control means men and women can fool around into their 30s before getting married and trying to have children