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When America Goes Broke

By Jimbo

When America goes broke, national icons will have to be sold off to pay the bill. This is the likely scenario:

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1/ Naming rights for the statue of Liberty will be sold. They will be bought by the News corporation and the statue will be renamed the Fox News Statue of Liberty

2/ Yellowstone National Park will be sold as a summer party camp for the New York Giants complete with hot tubs and even hotter women. Old Faithful will be hooked up to the hot tubs to provide the hot water.

3/ Florida will be sold to cash rich Chinese retirees looking for a holiday home.

4/ Mount Rushmore will be bought by an eccentric Russian oligarch billionaire who will carve his face into Mount Rushmore. His face will be twice the size of the presidential faces.

5/ The Golden gate bridge will be sold to a syndicate of Arab investors.

6/ JFK international airport will also be sold to syndicate of Arab investors.

7/ The white house will become a bed and breakfast for European backpackers.

8/ The grand canyon will be bought by Waste Management Inc and become the largest waste depository in America.

9/ Alaska will be bought by the Russians

10/ Native Americans will use all their casino money to buy back all the national parks in the west

This post originally appeared here. Thanks to Jimbo!

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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