Ultimate House of Cards: $5.1 Trillion Bond Fraud Set to Dwarf 2008 Crisis

Ultimate House of Cards: $5.1 Trillion Bond Fraud Set to Dwarf 2008 Crisis

The biggest hidden financial time bomb in America ~Mitch Wexler

 

BY ITM TRADING as posted on ZeroHedge

Mitch Wexler is sounding the alarm on what he calls the biggest hidden financial time bomb in America: a $5.1 trillion school district bond scam quietly metastasizing beneath the housing market. From inflated property appraisals to systemic over-taxation, Wexler argues homeowners are being stripped of equity to prop up a fraudulent municipal debt machine.

Speaking amid his fight in the Texas Supreme Court, he asks the question no one in power wants answered: why block discovery if there’s nothing to hide? Wexler warns this dwarfs 2008—and exposes the terminal rot in fiat, leaving physical precious metals as the only zero-counterparty-risk refuge.

Follow Daniela on X: Daniela Cambone

About ITM Trading: ITM Trading has been a trusted leader in precious metals for over 28 years, helping clients protect and grow their wealth with custom gold and silver strategies designed for economic downturns and currency resets.

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
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Header featured image (edited) credit: ITM Trading. Emphasis added by (TLB)

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