America, you got gamed by 20-something call-center-jockey kids pumping mortgages you couldn't afford and even they didn't understand so they could make a quick commission.
Tens of thousands of life's losers - call center jockeys, bartenders, used car salesmen, Herbalife distributors (you get the picture) - found their way into the unregulated and out-of-control REIC over these past few years. The one saving grace is that they're getting canned left and right - the party is over.
I wonder who'll be picking up the bottle service tab in Scottsdale tonight? Anyone? Anyone?