This video must be watched by those who wants to see and feel what is going on in the epicentre of the Foreclosure crisis. About 11 mins long.
For those of you who thinks, "A lot of money lent to Americans... Where did it all go?"
Well. The houses are one thing. But when the banks or financial institution that are foreclosing, needs to clean out the house of everything, a 'trash out' occurs. That is when all things left behind by owners are thrown out into the Land fill.
Functioning products (probably made in China) are going to the land fill as rubbish. Value TOTALLY destroyed.
The money lent to Americans? Into Landfills. So stop saying, "the money must have gone to someone." It didn't. It is now buried into the soil.