Be warned: the financial bubble will soon burst https://robertreich.substack.com/p/the-financial-bubble-will-soon-burst?utm_source=dlvr.it&utm_medium=mastodon
yeah ..
you guys have this weird *everything* crisis over there
like, everything is totally about to explode, but just doesn't
student debt, car loans, mortages, business credit, and lots of other stuff - its all hanging in the air right now
and strange things are happening too.
i.e. banks don't report non performing loans in the housing market any more, because it would look bad for their balance sheets
it an extraordinary situation
very, very unstable, yet not moving at all 🤔

