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In this video, we'll explore the reasons behind why the imminent housing crash is poised to surpass the severity of the 2008 crisis. We'll begin by examining recent developments, such as the surge in the average 30-year mortgage rate in the United States, now standing at over 7.6 percent. Subsequently, we'll delve into a comparative analysis, highlighting both the parallels and distinctions between the current situation and the events of 2008. Understanding this explanation is crucial for gaining insight into various facets of the ongoing economic downturn, including recessions, inflation, the depreciation of the US dollar, and the precarious state of the housing market bubble. 🌎 Subscribe now to stay updated with more insightful videos like this one and join us on our journey to explore various topics in the economy! 🔔 Hit the bell next to subscribe so you never miss a video! ▶️ For copyright Matters, Make sure to send us an email at
