Quote from DrPepper:
And I sure hope that you don't. If it does occur, a collapse of commercial real estate may very well precipitate the next massive economic decline.
One such scenario that could occur would be a lack of refinancing funds by banks for commercial real estate, followed by massive foreclosures, followed by large bank failures. Remember, no one is too big to fail anymore.
If our government does try to bail out more big banks again with massive new expenditures, creditor nations may finally lose faith in our ability to repay our debts and stop buying treasuries in addition to converting their dollars into gold.
The result? Vacant malls and office buildings, rising unemployment, failing banks, bank runs, a rush to silver and gold to protect wealth and, ultimately, a new world currency that is worth a lot less than your existing dollars.
