Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, that means the investors lose a lot of money and people who never had a home will soon be able to buy a house for cheap. At some places houses were already sold for 1$.
I guess that is the American way of redistribute wealth and they got it even partially financed by other countries.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Wed Feb 13th, 2008 at 09:17:06 AM EST

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