HOUSE OF CARDS


NO PUN BUT THE 2008 HOUSING BUBBLE COLLAPSE IN THE USA SET INTO MOTION THE COLLAPSE OF OTHER FINANCIAL INSTITUTIONAL WEAKNESSES IN THE WEST CREATING WHAT WOULD BECOME THE GREAT RECESSION. IT WOULD TAKE 20 TRILLION BUCKS OR SO TO BUY OUR WAY OUT OF WHAT IN FACT AND REALITY WAS A PROFESSIONAL POLITICIAN CREATED DISASTER.

ALONG COMES THE PANDEMIC WHICH HAD A SHORTER TERM BUT STEEPER IMPACT ON WESTERN ECONOMIES THAT ADDED TRILLIONS MORE IN DEBT. THIS COUPLED WITH INCREASING TAXES WILL LIKELY LEAD TO THE TANKING OF WESTERN ECONOMIES AGAIN! WHILE THE ECONOMIC TALKING HEADS ARE ONLY DISCUSSING HIGH INFLATION OR SLOWER ECONOMIC GROWTH IN THE USA, THE EU FINANCIAL HOUSE OF CARDS WILL LIKELY SET IN MOTION THE NEXT GREAT DEPRESSION!

AND THAT IS ALL I’M GOING TO SAY ABOUT THAT!    

Photo by jalil shams on Pexels.com