Collapse
- The abandoned corpses, in white body bags with number tags tied to each toe, lie one above the other on steel racks inside a giant freezer in Detroit’s central mortuary, like discarded shoes in the back of a wardrobe.
Some have lain here for years, but in recent months the number of unclaimed bodies has reached a record high. For in this city that once symbolized the American Dream many cannot even afford to bury their dead.
The Pending Collapse Of The U.S.A. – The truth that most people realize but can’t openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness. The last part of that sentence, that capitalism has outlived its usefulness, is thoroughly the fault of the capitalists themselves.
Commercial Real Estate Will Collapse – The commercial real estate market is on its last legs and unless drastic actions are taken, the effects on the broader economy will be catastrophic. After two years of one financial crisis after another, the Fed has fewer cards to play, and the foreign investors who bailed out commercial real estate investors in the past are sitting on the sidelines waiting for the prices to collapse.
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