Comment A rehash of the 2008 Subprime bubble (Score 1) 43
Anyone old enough to have witnessed the Subprime bubble in 2008 would see nothing new here. This is just like subprime mortgage CDS that got sold to everyone before 2008, it is a Ponzi scheme trying to get as many people on board as possible to keep it going as long as possible before it inevitably bursts.
The farther this poison spreads, the larger the crater would be when it bursts.
It is time to pull out of the US stock market, find somewhere safe to hunker down a few years so you won't be caught in the burst.