There is a perfect storm brewing in America that could ultimately destroy our economy as we know it. The storm envelops four major financial areas essential to a stable economy, including: foreclosures, bankrupt businesses, double-digit unemployment and soaring inflation. These storms were formulated by greed at the highest levels of government, continued down to the corporate level, and ultimately joined the collusion of greedy investors and uneducated buyers. All parties hoped to profit from a booming real estate market. The U.S. foreclosure crisis began with a series of events that depreciated home values ​​across the country and worsened an already suffering job market by increasing unemployment levels. Before this dramatic escalation occurred, many investors flipping homes for profit were busy fixing up multiple properties. They purchased new building materials, accessories and supplies from retailers. They also employed contractors and handymen to repair or renovate these homes. As the housing bubble inflated homes beyond their value, many homeowners with substantial equity sold their existing homes for large profits, then hired contractors to build their dream home . There seemed to be a shortage of workers and housing to meet demand, as new homeowners (mostly first-time buyers, subprime borrowers) flooded the market. Everyone wanted a piece of the American dream, Americans and immigrants alike. An influx of immigrants from around the world has flooded the buyer's market for existing starter homes. Unfortunately, a side effect has occurred in a labor market overwhelmed by cheaper labor competing for existing jobs. This negative effect caused a lot of hard work, higher interest penalties, late fees and other excessive fees have never solved a creditor collection problem. There is no single answer to this problem. resolve the foreclosure crisis. All of these issues need to be addressed and resolved. Lenders, as well as the government, should read what is happening and plan ahead by retaining more paying customers. Unemployed people can't pay mortgages or taxes. Working individual taxpayers and successful businesses are the only hope of solving this problem. Cut taxes, institute a flat tax or fair tax as a consumption tax, and abolish the IRS. The tax burden cannot be absorbed only by a few, while the many benefit. Without tax revenue for all consumers and thriving businesses employing the masses, we are only adding to the debt and fueling the force of the coming perfect economic storm...