$5.1T school bond Ponzi scheme could push housing to the brink. The 18-Year Housing Cycle is on the verge of collapse.
“We’re sitting on the ultimate house of cards,” says real estate developer Mitch Wexler to Daniela Cambone. He details how a “$5.1 trillion school bond Ponzi scheme” using inflated home values is pushing the system to “terminal failure.” He warns …