Oh boy, here we go again. It's like the pre-2008 financial crisis all over again.
Growth is nice, but one look at the debt charts (public debt, credit card debt, car debt, mortgages, student loans, ...) and the trends in defaults and you know what's coming. Add the upcoming tariff plans and the gutting of financial regulations and consumer protection in the mix and you start asking yourself: in 10 years time, will we talk about the financial crisis of 2025 or 2026?
Growth is nice, but one look at the debt charts (public debt, credit card debt, car debt, mortgages, student loans, ...) and the trends in defaults and you know what's coming. Add the upcoming tariff plans and the gutting of financial regulations and consumer protection in the mix and you start asking yourself: in 10 years time, will we talk about the financial crisis of 2025 or 2026?