As of right now, America's real estate bubble is now in the process of a catastrophic collapse. The stock market is collapsing and the crypto universe is absolutely imploding. "The crypto apocalypse is here," writes Michael Snyder from End of the American Dream:

Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words… approximately two-thirds of the value of all cryptocurrencies has already been wiped out.  Some are calling this a "crash", but the truth is that this is the sort of full-blown "collapse" that so many have been warning about for such a long time.  A lot of crypto investors are now deeply in the red, and the outlook for the months ahead is very bleak.

Meanwhile, the average stock portfolio is down 31% this year alone, and the downside still remaining now looks like a deep, ominous chasm of financial devastation that's going to suck the vast majority of American into financial destitution.

You see, while everybody's assets are plummeting, the prices of the things they need to buy keep skyrocketing.