Big institutional investors have been spending billions and billions of dollars buying up single-family homes in order to rent them back to working class at elevated prices. Rents are up nationwide by a shocking and unsustainable 15% from last year.

It was the best of times. It was the worst of times.
I'm referring to U.S. real estate in 2020, not to the French Revolution.

In one way the housing market is on the verge of a collapse that would easily rival, if not exceed, the 2008 collapse.

There is an old saying on Wall Street: "No one rings a bell at the top."
Guess what? The bell, like in 2006, isn't ringing.

The definition of The American Dream varies depending on the individual, but it almost always involves owning a home.
Which is why this should alarm you.

A couple of days ago, I came across Catherine Austin Fitts for the first time. Fitts, a Wall Street investor and former Assistant Secretary of Housing, uncovered the methods for sucking trillions of dollars out of the US. She explains that it is a coordinated effort between the government and the big banks -- organized crime, she calls it.

She's an excellent speaker and explains it all really well so I recommend that you listen to her rather than have me write out the juicy bits.