Exactly, there are a lot of similarities between the current boom and the last boom. It's remarkable that nothing was learned from the last crash. And this one will likely be worse. We are very fortunate to have Bitcoin this time around.

For those out there who want to know more, here's an in-depth book on the 2008 crash and it's causes:
[Meltdown, by Tom Woods](https://ia601601.us.archive.org/17/items/WoodsMeltdown/Woods-Meltdown.pdf)

orthzar

bitcoin

B of A: $0 down pmt for 1st-time homebuyers in Black and Hispanic communities

cointastical

First of all, it is open to all races who want their ridiculous, predatory loan. Targeting first time homeowners is disgraceful. They intend to saddle first time homeowners with a no equity loan while heading into a housing recession. Foreclosures will skyrocket. 2008 redux.