Financial Superbubble Meets Political Dystopia

A new report states that the U.S. is currently experiencing the fourth “superbubble” — a financial bubble that is three standard deviations from the mean. Notably, he says, today’s bubble in America is not just confined to one sector. We have “the broadest and most extreme global real estate bubble in history” at the same time as “the most exuberant, ecstatic, even crazy investor behavior in the history of the U.S. stock market,” and high prices in other areas as well. Everything is already expensive, and everyone is still acting like it will all just keep going up.

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