The Economic Nightmare That You Have Been Waiting For Is Here

- The Economic Nightmare That You Have Been Waiting For Is Here
by Michael, http://theeconomiccollapseblog.com/
A lot of people out there have been waiting for the next major economic crisis to arrive. If you are one of them, you don’t have to wait any longer, because it is already here. All of the numbers are telling us that we haven’t faced a downturn of this magnitude since 2008. For example, the Conference Board’s index of leading economic indicators has now fallen for 10 months in a row. According to Zero Hedge, this is the first time that has happened since the collapse of Lehman Brothers. And just like we witnessed in 2008, the housing market is crashing. In fact, the median price of a home in the San Francisco Bay Area has already fallen by a whopping 35 percent…:
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The median price in the nine-county Bay Area plunged by another 8% in January from December, by 17% year-over-year, and by 35%, or by $540,000, in 10 months from the crazy peak in March 2022, from $1.54 million to $1.00 million, according to the California Association of Realtors.
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