Wealth Evaporates

Foreclosure wave sweeps America
http://news.bbc.co.uk/2/hi/business/7070935.stm

Whats going to be interesting over the next few years is the amount of overall wealth per American that is evaporating with the mortgage meltdown and limited credit. What may be interesting is to see how much more unhappy Americans will become and how it will affect us politically in the future. What winds of change will we see. Are their new revolutions coming with an age of change? Is this the final death knell for the dying middle class?

Take a look the article I've attached and click on the graph to see how thick defaults are on the map. I've been wondering since investors have driven the market for the last 5 years, if new investors will come in and buy out the old investors. Interest rates are going to have to push way far down to get things going again.