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Every bubble ends with someone saying “this time is different.” It never is. Record-high credit card debt. An auto loan bubble. A commercial real estate bubble. All floating on record debt. All happening at the same time.

Andrew Lokenauth | TheFinanceNewsletter.com

413,366 subscribers

24,369 次观看 • 8 个月前 •via X (Twitter)

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I don't think you understand how truly fucked we are... Imagine 2008 but 10x the leverage, + a housing bubble, a commercial real estate bubble, a private lending bubble and a stock market bubble. All at the same time... We are in 1929.

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