Five Reasons Why This Financial Crisis For Capitalists Will be Worse than 2008

This article begins with an analysis of the cause of the economic crisis of 2008. Richard Heinberg adds five reasons why the coming crash will be far worse.

First, the AI financial bubble is four times larger than before. Second, attacking a country as powerful as Iran is far more serious than attacking Iraq in 2003.  Third, the war is bigger, involving more Middle Eastern countries. Fourth, oil and gas are being destroyed by the war. Fifth, thanks to the Idiot King the number of allies of Mordor has dwindled to about  3 countries.