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An economy dependent upon a frenetic pace of housing starts and automobiles, and factory orders from China, is one in need of serious redress. They are all components of an unsustainable empire that is little more than a debt-saddled house of cards. In foreclosure.
As the editorial writers of the Wall Street Journal, (the Main Street of Empire) are so wanton to say, the markets will decide. And they have spoken. Loudly.
