Difference between revisions of "Spiral of Destruction"
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'''2010-2015''' | '''2010-2015''' | ||
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'''2015-2020''' | '''2015-2020''' | ||
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'''2020-2025''' | '''2020-2025''' | ||
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2020 became the year the tipping point was reached. Students defaulting on student loans, falling home values, high unemployment, and an ever widening budget deficit cause the United States to default on its loans. World stock markets crashed the following day and March 12, 2020 became a day of infamy around the world. | 2020 became the year the tipping point was reached. Students defaulting on student loans, falling home values, high unemployment, and an ever widening budget deficit cause the United States to default on its loans. World stock markets crashed the following day and March 12, 2020 became a day of infamy around the world. | ||