The Global Debt Market -- The Biggest Bubble of All: This One Has Yet to Deflate (Are You Ready?) History shows that once a financial bubble bursts, it can take a long time to bounce back. Recent history offers an example: Real estate prices topped in 2006-2007 -- then came the worst part of the sub-prime mortgage crisis in 2008. Yet instead of recovering with the passage of time, real estate prices just keep getting worse: Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002. -- CNNMoney, March 27 As values sink and desperation grows, the number of owners giving their timeshares away for $1 -- or less -- has doubled in … [Read more...]