As of January 1, 2025, financial experts are raising alarms about what could be the largest financial bubble in history, with no clear rescue in sight. This situation is characterized by soaring asset valuations, escalating consumer debt, and significant economic imbalances that threaten global financial stability. Indicators of the Bubble Soaring Asset Valuations: Major stock indices have reached unprecedented levels, with the S&P 500 ETF (SPY) trading at $586.08, reflecting a slight decrease of 0.36% from the previous close. Similarly, Bitcoin (BTC) is valued at $93,443, indicating a 0.72% increase. These elevated valuations have led to concerns about unsustainable growth and potential market corrections. Escalating Consumer Debt: In 2024, U.S. credit card loan defaults surged dramatically, with lenders writing off over $46 billion in delinquent credit card loans in the first nine months—a 50% increase from the same period in 2023 and the highest since 2010. Total household deb...
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