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Politics : Welcome to Slider's Dugout
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From: roguedolphin10/20/2025 11:37:41 PM
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ltimate House of Cards: Hidden $5.1T Debt Bomb Will Dwarf 2008 Crisis

“We're sitting on the ultimate house of cards,” says real estate developer Mitch Vexler to Daniela Cambone. He details how a “$5.1 trillion school bond Ponzi scheme” using inflated home values is pushing the system to “terminal failure.” He warns of the outcome: “Can you imagine what will happen if a school district... shows up in mass to take over an entire subdivision of defaulted houses? Do you understand by definition that's an act of war? That's the problem. That's where this ends up.”

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