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These things and others have been coming to the surface for quite a while…long before any “lockdown”. I have often pondered Catherine Austin Fitts in many of her Solari subscriber mp3s and other interviews pointing out that the missing money or the bailouts to the central banks, the finance industry, and the big corporations could have paid off every mortgage in America.

There is this mythology that only subprime and NINJA (no income, no job, no asset) loans were the culprit of the entire collapse. This narrative fits into the crony capitalist mentality that somehow, only losers caused the crisis and that of course all of the suckers that got lured into a toxic mortgage somehow deserved losing their homes (while banks of course got bailed out with billions of tax payer dollars). A swift kick to the poor, and corporate welfare for the banks.

http://www.doctorhousingbubble.com/the-forbearance-tsunami-4-7-million-mortgages-are-now-in-forbearance-with-an-unpaid-principal-of-1-trillion/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+DrHousingBubble-HowILearnedToLoveSocal+%28Dr.+Housing+Bubble+-+How+I+learned+to+Love+SoCal%29