Credit bubbles are very much like pyramid, or Ponzi, schemes.
The middle class is particularly hard hit as they exchange their remaining real assets in an increasingly corrupted financial system. They are dulled by falling from crisis to crisis. We seem to be at the stage where the wealth transfer from the many to the few has it last parabolic gasp before the collapse.
All turns to ashes, one way or the other, when we abandon our commitment to justice and the truth, with things as they really are. 
