oh shit .. 05:15 in the morning

just spend a night researching #US #consumer houshold #debt, without noticing

at least you can profit of my stupidity because I'm telling now that the world is clearly headed into a 2008 style global #EconomicCrisis

epicenter will again be the #USA

this time it isn't going to be just a #mortage default crisis but a everything default (#AutoLoans, #CreditCard, #StudentDebt, ..)

and the trigger is #tariffs & #doge adding to an already financially hurting nation

and remember:

all the above #consumer #debts are "securitized" .. meaning they are spread around everywhere in the #FinancialMarkets

just like 2008

😬