The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Broken_Clock who wrote (263783)	7/24/2010 4:49:51 PM
From: ggersh	Read Replies (1) of 306849

How about this. "Good-bye Middle Class America" Read it all, very damning! finance.yahoo.com^DJI,^GSPC,SPY,MCD,WMT,XRT,DIA So why are we witnessing such fundamental changes? Well, the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.

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