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Wait until it gets worse. Obama is not helping much in any meaningful way. The worst is yet to come. Right now the USA is in the eye of the storm and things are relatively quiet compared to what is on the way. Here is the recap:
The plunging real estate market has removed $8 trillion dollars of real estate equity values. It is still plunging steadily. First it has to stop plunging, then stay stable and then eventually rise. No sign of any of this in sight yet.
The weakened stock markets have erased $10 trillion dollars of equity. The pensions have taken a bad hit. People savings in the stock market have been reduced significantly.
There is a $14 trillion dollar debt load on the consumers of the USA. There is rising unemployment and increasing bankruptcies and business closures. This equates to doom and gloom.
Stay tuned for more.
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*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.





