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The Everything Bubble, Part 1: Return Of The Subprime Mortgage

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This cycle’s main bubble is in government bonds and fiat currencies, with a dash of large-cap tech thrown in for variety. But like a hurricane spawning tornadoes at its periphery, this Money Bubble is creating secondary bubbles like student debt and subprime auto loans that are impressively destructive in their own right. An example of […]

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Source: dollarcollapse.com