Entering the Greatest Depression in History | WHAT REALLY HAPPENED

Entering the Greatest Depression in History

While there is much talk of a recovery on the horizon, commentators are forgetting some crucial aspects of the financial crisis. The crisis is not simply composed of one bubble, the housing real estate bubble, which has already burst. The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Indicators show that the next possible burst is the commercial real estate bubble. However, the main event on the horizon is the “bailout bubble” and the general world debt bubble, which will plunge the world into a Great Depression the likes of which have never before been seen.

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Unfortunately, the US government has tended, historically, to look to war as a solution for getting it out of economic hard times.

This is one of the many reasons why the drumbeats urging the US citizenry to support a potential war against Iran are beating so obnoxiously loudly, with increased tempo and volume... and absolutely zero logic behind it, as was the case with Iraq.