Entering the Greatest Depression in History: More Bubbles to

Entering the Greatest Depression in History
More Bubbles Waiting to Burst

by Andrew Gavin Marshall

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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 bubbleâ€