Three "once in a lifetime" economic collapses since March 2000. Three.
First, the Internet Bubble. The stock market rode heavenwards on the irrational exuberance of a new technology, then blew it all into air. Then the knife was twisted by Al Qaeda, which flew planes into the World Trade Center and the Pentagon. Desperate to create "confidence" out of thin air, George W Bush allowed banks to ignore all lending standards.
Second, the Housing Bubble. Everybody wanted to be a real estate mogul, aided by fraudulent "seminars" and "courses" that would tell them the "secrets" of overnight wealth. And for a while, the magic worked, floating on a sea of funny money and aided by the Greater Fool Theory. Of course, like all ponzi schemes, even fools catch on eventually. The fools at the end of the line lost everything, and thousands of houses and condo towers sat empty for years, their ownership tied up in diced up mortgages that nobody could figure out just who owned the property.
Third, the "Trump Bubble". America elected a showman president, and he decided to "stimulate" the economy by simply printing money. The Austrian School of Economics calls this an "inflationary crack-up boom", a boom driven by deliberate inflation. By the time America realized who was behind the gold curtain, it was too late-a plague was ripping through the land and millions were losing everything to the point that "tent cities" mushroomed, haphazard collections of 1960s travel trailers and jerryrigged tents bigger than many "real" towns population wise.
The rich are different from you and me-not only do they have more money, the way they GOT that money was by being smarter and savvier than the ordinary Joe. And the rich have been building bunkers for the eventual Fall of America. Well, it's here. and the billionaires are safe in their bunkers.
But what if you're somebody like me who lives on SSDI and doesn't have a rich family? You save every cent you can. You buy a parcel of land you can afford, not great but good enough. By the time the balloon goes up, the only thing missing is the tiny home. Fortunately you are saving lots of money being locked down.
This is the story of one man's final step in a journey to escape the Fall Of America.
This is a work in progress, so there are "dead links" for now. Be patient.
Copyright © 2021 Trailer Prince - All Rights Reserved.
Powered by GoDaddy