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bucolic_frolic

(55,039 posts)
4. War and global economic fallout trumps the housing collapse in 2009
Mon Mar 23, 2026, 07:16 AM
Monday

Government and private debt are the root cause of structural failure, but it is colliding with war that could go worldwide. The press keeps comparing it to 2009 but the debt levels are way higher and not confined to a sector like housing. I'm gonna throw this out there - the geopolitical and economic setup has potential to be like 1939 because of the energy component, global impact, high debt levels.

Not to worry though. When Project 2025 and Donnie separate out the brown people, everyone will be a perfect little Bible-thumping consumer, right?

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