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Ultimate House of Cards: $5.1 Trillion Bond Fraud Set to Dwarf 2008 Crisis

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by ITM Trading
Monday, Feb 09, 2026 - 18:40

Mitch Wexler is sounding the alarm on what he calls the biggest hidden financial time bomb in America: a $5.1 trillion school district bond scam quietly metastasizing beneath the housing market. From inflated property appraisals to systemic over-taxation, Wexler argues homeowners are being stripped of equity to prop up a fraudulent municipal debt machine.

Speaking amid his fight in the Texas Supreme Court, he asks the question no one in power wants answered: why block discovery if there’s nothing to hide? Wexler warns this dwarfs 2008—and exposes the terminal rot in fiat, leaving physical precious metals as the only zero-counterparty-risk refuge.

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