Great Depression

Great Depression

If we go back in history, this is starting to look similar to the early days of the Great Depression.   The collapsing asset prices in 2022 with over 30 trillion US dollars slashed off investment portfolios as central banks attempted to contain inflation with breakneck tightening and pricked the everything bubble. Last year, 2022, was …

Firesale

Firesale

The sudden firesale of real estate loans is perhaps the surest sign that the stars are aligning for a historic real estate crash, which Darren Winters flagged back in July 2022.   “The last shoe to fall could be a real estate crash, which now seems highly likely as the Fed tightening continues into a recession,” …