A $1 Trillion Time Bomb Is Ticking in the Housing Market - Bloomberg
will explain how Americans in some of the most populated regions of the country have put themselves at particular risk, exposing a pattern of shortsighted policies that encouraged people to settle in vulnerable parts of the continent. It will show how decades of economic policies have favored some Americans over others, polarizing the country furth
... See moreAbrahm Lustgarten • On the Move: The Overheating Earth and the Uprooting of America
Australia is a house of cards. We are confident the bubble will burst and that it will be spectacular, but we do not know what will provide the spark. This brings us back to our fingers of instability metaphor we introduced in Chapter 2: We know it takes only one grain of sand to trigger the avalanche; we just don’t know which one.
John Mauldin • Endgame: The End of the Debt SuperCycle and How It Changes Everything
The prospect of another financial crash is serious enough to place it alongside internal conflict and external conflict as a social stressor important enough to influence the outcome of the Millennial Crisis.
Neil Howe • The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End
Alameda couldn’t take on much more leverage, she’d reported back. If there was another drawdown, and lenders recalled their loans, it couldn’t pay them back. They could be ruined. SBF didn’t care. There was too much EV at stake.