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1 posted on 04/30/2009 11:09:39 AM PDT by Kartographer
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To: Kartographer

I think it’s already hitting, drive around and look at all the empty buildings.


2 posted on 04/30/2009 11:10:56 AM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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To: Kartographer

Another Gerald Celente prediction coming to fruition.


3 posted on 04/30/2009 11:11:36 AM PDT by OB1kNOb (I'm all for cap & trade. I want to cap government's power and trade it for a conservative one.)
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To: Kartographer; org.whodat; OB1kNOb

A collapse in the real estate market combined with the Govt.’s inability to borrow $312Billion for the next quarter’s Federal budget (who would be willing to lend to us? We’re bankrupt!) will cause a financial meltdown.

How hyperinflation coexists with massive joblessness and a worthless currency will make for “interesting times”.


5 posted on 04/30/2009 11:21:55 AM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: Kartographer

Credit card companies are next in line after commercial RE.


7 posted on 04/30/2009 11:26:44 AM PDT by gieriscm (07 FFL / 02 SOT - www.extremefirepower.com)
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To: Kartographer
I'm know expert in the field but wouldn't it be a good time to work with these folks and restructure the loans so they don't end up defaulting?
10 posted on 04/30/2009 11:41:27 AM PDT by Recon Dad (Marsoc Dad)
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