Many people in finance have been trying to predict where the next major crisis will begin. We remember that in 2008, during the Great Recession, we saw the consequences of the collapse in bank lending tied to residential real estate, which triggered a domino effect that not only shook the US economy but also had global ramifications. Since then, numerous experts have attempted to identify the next potential economic bubble, but so far, no one has been correct. Not since 2008 have we experienced anything close to this. However, there are now new signs of an emerging crisis that everyone seems to be brushing off. This looming threat could potentially have a more devastating impact than the 2008 crisis, possibly even rivaling some of the worst economic storms America has had to endure. And it's origin story is actually pretty easy to recognize.
