Entering the Greatest Depression in History

Entering the Greatest Depression in History
More Bubbles Waiting to Burst


By Andrew Gavin Marshall
Global Research, August 7, 2009


Introduction

While there is much talk of a recovery on the horizon, commentators are
forgetting some crucial aspects of the financial crisis. The crisis is not
simply composed of one bubble, the housing real estate bubble, which has
already burst. The crisis has many bubbles, all of which dwarf the housing
bubble burst of 2008. Indicators show that the next possible burst is the
commercial real estate bubble. However, the main event on the horizon is the
"bailout bubble" and the general world debt bubble, which will plunge the
world into a Great Depression the likes of which have never before been
seen.

read on:
www.globalresearch.ca/index.php?context=va&aid=14680



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