• Deflated0ne@lemmy.world
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    1 day ago

    Subprime mortgages never went away. They literally just changed the name and stayed the course. The same disastrous course.

    Tech bubble, housing, debt, inflation, tariffs, etc. Completely ignoring the bifurcated economy. Top 10% of earners making up 49% of GDP. Dollar down 10%.

    The next one may well make people long for the good old days of 2008.