Progressive Politics

**safeorigin** · May 22nd, 2016 07:30 PM

if you truly think it's gonna be different this time, be my guest

the clock is ticking

America's "Advanced Stupid" In 2 Stunning Charts | Zero Hedge

cue the music!

**niky** · May 24th, 2016 05:01 PM

Originally Posted by safeorigin

if you truly think it's gonna be different this time, be my guest

the clock is ticking

America's "Advanced Stupid" In 2 Stunning Charts | Zero Hedge

cue the music!

Yasus.

Cue subprime crash part deux.

Let me go get my helmet and pile the family into the car...

**safeorigin** · May 24th, 2016 10:55 PM

it's not just subprime...

there's also the unfunded liabilities...

instead of Lehman, it's gonna be Deutsche bank

there's also the danger of hyperinflation

Canada sold their gold reserves until it's dry

South America is collapsing

China has too much surplus of everything

what's about to come easily dwarfs the crisis of 2008-2009

and if GS is bearish in all stocks, you really have to pay attention

Goldman Sachs gets bearish on stocks all around the world | Financial Post

heck, even the housing bubble itself is bigger than the previous one

Americans Bought The Most New Homes In 8 Years Just As The Median Price Hit An All Time High | Zero Hedge

**niky** · May 26th, 2016 04:31 PM

Originally Posted by safeorigin

it's not just subprime...

there's also the unfunded liabilities...

instead of Lehman, it's gonna be Deutsche bank

there's also the danger of hyperinflation

Canada sold their gold reserves until it's dry

South America is collapsing

China has too much surplus of everything

what's about to come easily dwarfs the crisis of 2008-2009

and if GS is bearish in all stocks, you really have to pay attention

Goldman Sachs gets bearish on stocks all around the world | Financial Post

heck, even the housing bubble itself is bigger than the previous one

Americans Bought The Most New Homes In 8 Years Just As The Median Price Hit An All Time High | Zero Hedge

Do you have any extra bunker space for Armageddon? I'll bring a few crates of sardines.

**safeorigin** · May 26th, 2016 08:09 PM

sorry, can't afford a private fortified island myself

there's a space in the attic though

in case we might be facing hoards of zombies

**Jun aka Pekto** · May 26th, 2016 11:07 PM

Originally Posted by safeorigin

heck, even the housing bubble itself is bigger than the previous one

Americans Bought The Most New Homes In 8 Years Just As The Median Price Hit An All Time High | Zero Hedge

Wasn't the US Northeast immune from the housing crash of 2008? When we moved to Upstate NY in 2008, we had to look hard for a house and had to settle for one in the rural (Amish) area which was a long drive from my work. There simply weren't too many houses that met our needs.

Then, in 2013 when we were planning to move back to Arizona, we sold our house in less than two months. We were forced to move to an apartment (1-yr lease) because we weren't slated to move back to Arizona until the summer of 2014.

With continued droughts at the US West and Midwest, I'm not surprised to see many people moving back to the US Northeast. Many farms that were dormant/unused when we moved to New York became productive again by the time we left. Even the wife noticed it.

**safeorigin** · May 28th, 2016 12:37 PM

as expected, bubble is bursting. this will be a common theme in the days to come.

Another Bubble Has Burst: The Miami Luxury Condo Market Is A "Ticking Timebomb" | Zero Hedge

up next is the massive tech bubble. set your sights to san francisco and silicon valley

oil industry is also expected to take a bigger hit than what they're already experiencing

people will have to question their currencies.

talks of alternatives are also sprouting. One example is scrip