Economic vlogger, Fabian4Liberty warns that the same real estate bubble, which left tens of millions of Americans who owned real estate “underwater”, i.e. owing the banks mortgages which were double or more the actual value of their real estate properties is merely a prelude to what is to become of the entire economies of the West, citing an IMF paper, which warns of looming taxes to be levied on people who save money, amid mass write-offs as the West’s debt levels hit 200-year highs.
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