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Status: (13) Pontiac
Joined: Jul 2008
Posts: 33
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Expertise: Real Estate: Rehab/Fix/Flip
Locale:
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Re: Capitalism: Is it dying?
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Jul 12th, 2009, 02:02 PM
#18 (permalink)
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This subject screams for a political response. Since I havent posted for months I will refrain myself...My biggest concern is that the lender(china) will call the loans due and begin collecting, at will, what belongs to them.(our entire economy) We have leveraged our freedom and our position in the world. We have become slaves to the lender. You may not yet see or hear the approaching of the owners coming to possess what is rightfully theirs, but that doesnt mean they are not coming. I wish I could say that we will survive and come out on top but it seems a daunting task with 3 more years to go. Maybe chopsticks and rice would be a good investment....Just a thought...
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