The UK secondary banking crisis of the early 1970s followed a predictable sequence: secondary banking crisis → commercial real estate crisis → doom loop that propagated through the banking system. The current US situation is following an identical sequence of events.
causalpending
Speaker
Nick GlinsmanEvidence Quote
“comparison was fantastic started off as a secondary banking crisis and then within months which created the Lifeboat by the bank of England okay but with it within months it turned into a commercial real estate crisis which had a doom Loop effect on the banks so it became secondary banking crisis commercial real estate crisis well funny that looks exactly the same sequence of events in the U.S”
Created: 8/12/2026, 10:32:00 PM
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