In the face of a weak dollar what is it that Southern California makes that we can see an increase in exports that would help buffer this?
Well, we are going to be exporting housing at fire sale prices to Asian immigrants, right? The double-whammy of a crashing housing market and dollar must make California an attractive destination.
I really, really, wonder… more and more… if this entire mess is an engineered plan by wealthy Japanese and Chinese to basically occupy most of Southern California.