The global housing market is in the midst of a huge, massive housing bubble, which is now bursting.

But what does that mean for us?

The short answer is that it means we’re in for a long, hard, but not quite inevitable, battle for our lives.

The long answer is: not really.

And in fact, this battle will probably be long and hard. 

In the past few years, there have been numerous warnings about a massive housing crash, one that was already underway and which would have a devastating impact on our economy, society and the planet.

But while these warnings were growing louder, we were not prepared.

Instead, we simply let the bubbles burst.

The bubble burst And then there was the market crash.

We all knew the collapse of the housing bubble was coming.

But we did not foresee it coming this far in advance.

We were too preoccupied with the financial crisis and the economic crisis to pay attention to what was going on around us. 

The first crash, and the worst crash in the history of our nation, occurred in the summer of 2008, and it was followed by a slow and painful recovery. 

We saw the rise of the Occupy Wall Street movement, the Arab Spring and the Black Lives Matter protests.

We saw the collapse in the financial markets of the dot-com bubble.

We witnessed the collapse and collapse of mortgage lending, the Great Recession.

The crash was a terrible tragedy, but we survived.

The crisis was averted. 

But then, after we had survived, the bubble burst. 

And then the second crash.

And the third crash. 

As the bubble began to collapse, we saw another crash.

This time, we did see a slow, painful recovery, which was very much the case, and which did, indeed, lead to the Great Financial Crisis.

But, then, it began to fall apart, too. 

That’s when things began to go wrong.

We got a recession and the Great Depression.

And then we started to see the emergence of the Tea Party and Occupy Wall Streets. 

Then the bubble finally burst, and we were left with a debt bubble.

That debt bubble was, in fact