Another Bleak Sign for Retail – 100% Vacant Prime Plaza in Palm Harbor Florida

In this video I show a 100% vacant prime location plaza on US 19 in Palm Harbor, Florida. Sadly the current depression is breaking many small businesses which is having a negative effect on retail centers throughout the United States.

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New Car Dealers Struggling To Get 2010 Models



Depression Stories: Former Law Enforcement Officer

Salbuchi – “WE, THE PEOPLE…” – THE INSURGENCY!!

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CIT Group Failure Will Effect Over 300,000 U.S. Retailers

CIT Group Inc., the century-old lender that hasn’t been able to persuade the government to back its debt sales, says its demise would put 760 manufacturing clients at risk of failure and “precipitate a crisis” for as many as 300,000 retailers.

A collapse would ripple across the “small and medium-sized businesses who rely on CIT to operate — to pay their vendors, ship goods to their customers and make their payroll,” the New York-based lender said in internal documents obtained by Bloomberg News that make the case for its importance to the U.S. economy. CIT spokesman Curt Ritter declined to comment on the documents…

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Chinese official urges buying of gold, U.S. land: report

A top Communist Party research chief said Thursday that China should buy gold and U.S. real estate rather than Treasurys, according to a Reuters report.

Li Lianzhong, who is head of economics at the party’s policy research office, said the U.S. dollar is poised for a fall, making gold and land better investments for China’s $1.95 trillion in foreign exchange reserves, the report said…

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1 in 8 U.S. homeowners late paying or in foreclosure

One out of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process, in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

U.S. unemployment in April reached its highest rate in more than a quarter century and is still rising, helping propel mortgage delinquencies and foreclosures to record highs…

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