The first rule of futurism, or future studies, is that someone always profits from change. The current economic environment in the U.S.  would seem to benefit nobody. Economic activity is rotting like ice in a spring thaw, house prices are dropping, and the outlook continues to deteriorate. Many homeowners, who seized the opportunity offered by low interest rates and strong housing markets to buy their first houses now face the prospect of bankruptcy. And homeowners who used their mortgages like credit cards, cashing in on the increased equity in their homes, are now paying a hefty price for their imprudence. (more…)

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