How long will it take South Korea to go bankrupt?
Would the FED Bernanke ma fiatzz take a break?
US debt is going ballistic to get the financial market hyped.
How many years will it take Asians who have small individual savings to spend and to bust becoming like many Americans?
How many years would China and S. Koreans take to become like many Americans?
Chinese have one of highest saving rate, and eventually, with the cultural change using T.V. media and written materials, they will also be brainwashed going through the same cycle as did Americans overspending and being in massive debt.
Since all media is owned by the same money propaganda RICH, they will do anything to suck up more wealth sooner or later, like in USA taking decades.
----------------------------------------------------------------------------------------------
200+ NY Dealers Pull Out of Clunkers Program
| 19 Aug 2009 | 02:05 PM ET
A New York dealership group says hundreds of its members have left the Cash for Clunkers program, citing delays in getting reimbursed by the government.
The president of the Greater New York Automobile Dealers Association said about half its 425 members have stopped offering rebates from the program because they can no longer afford them.
----------------------------------------------------------------------------------------------
Veterans of two wars work together: One city, 15,000 homeless veterans
By Paul Vercammen
New Directions says there are more than 15,000 homeless vets in Los Angeles, the largest such population in the United States. Most of the vets are from the Vietnam War era. A small but growing number of veterans from Afghanistan and Iraq are starting to hit the streets.
