​Government Spending Will Cause The Next Financial Crisis – Tyler Durden

Government Spending Will Cause The Next Financial Crisis Authored by Daniel Lacalle, Crises are never caused by building excessive exposure to high-risk assets. Crises can only happen when investors, government bodies, and households accumulate risk in assets where most believe there is little to no risk. The 2008 crisis did not occur due to subprime mortgages. Those were the tips of the iceberg. Moreover, Freddie Mac and Fannie Mae, state-owned entities, guaranteed the subprime mortgage packages, which prompted numerous investors and banks to invest in them. Nobody can anticipate a crisis stemming from the potential decline in the Nvidia share price…  — Continue at ZeroHedge News : Read More