Suddenly it pops. The bubble exposes the workings of the American economy. I can see a vast majority of Americans rushing to withdraw mutual funds. Their invested savings and IRAs are needed now to live. Stock market values shrink, stock brokerages fail, mutual funds run out of money.
Public spending ceases.
All service businesses such as homebuilders, computer, software and other manufacturing and sales stop. Luxury items remain unsold. Employers keep laying off workers to stay alive. Government employees go unpaid. It appears to replicate the Japanese recession, but worse.