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Housing Market Crash (2008) – Effect on World

US Housing Crash EFFECT on WORLD

FRANCE, CANADA, DUBAI, GREECE, SPAIN and CHINA.  Layoffs fought by

UNIONS.  In France the CGT, CFDT, CFTC, CGC, and FO Unions unite to fight

Lay Offs. “Boss kidnapping” popular.  In Greece, an anti-Austerity political

party gains power.  Occupy Wall Street protests all over USA.  Tent cities in

Sacramento, California, first since 1929.  Homelessness grows quickly.

In SPAIN, city of Marbella, 2/3 Condos unsold.  Built w/o water, or sewage

hookups.  In Canada, GM & Chrysler closings caused huge Protests.  In

Windsor, Ontario, Union Workers Occupy their plant for Back Wages.

In China, 65 million Condos Unsold.  Millions Protest, overwhelming Police.

“The Meltdown” and  “Big Short” via Emwiz – Al Jazeera


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