Markets Crash, Debt Explodes: Why 2008 Was a Warm-Up for 2025

“It goes far beyond just a correction. It’s the entire global debt-based system that’s at risk in my opinion,” says Tim Wood, CPA and publisher of market newsletter Cycles News & Views. In an interview with Daniela Cambone, Wood introduces his long-term economic cycle research, explaining that historic market cycles—from the Panic of 1819 to the Dot-Com bubble—have consistently followed a pattern of boom and bust. However, he identifies the post-2002 era as uniquely precarious: unlike previous cycles fueled by real economic innovation, this one relies heavily on government debt and stimulus with no solid economic underpinning. If the third decline “bites,” it could trigger a deflationary spiral similar to the Great Depression, warns Wood. Watch the interview to see how you can better protect your wealth in precarious times.”
Tim Wood Breaks Down the Economic Cycles Pointing to a Market Reckoning
In a financial world riddled with uncertainty and manipulated data, one principle remains clear: Economic Cycles do not lie. While governments and central banks may mask warning signs with short-term fixes, the natural rhythm of economic boom and bust cannot be denied—and according to market cycle expert Tim Wood, the next phase could bring seismic changes to our financial system.
In a recent sit-down with Daniela Cambone, Wood joined ITM Trading to discuss how long-term economic patterns signal a looming reckoning. At ITM Trading, we believe our clients—especially those nearing or in retirement—deserve this kind of honest, data-backed insight so they can prepare to not just survive but thrive through turbulent times.
Recognizing the Pattern: Where We Are in the Economic Cycle
Economic cycles follow a historical rhythm. There are expansion phases where growth flourishes, and contraction phases where economies shrink—often painfully. Tim Wood explains how we are currently exiting a prolonged expansion and entering the contraction phase of the Kondratieff Wave—a long-term economic cycle that spans 45 to 60 years.
This phase is typically marked by market crashes, economic stagnation, and monetary resets. According to Wood, ignoring these cycles is like ignoring gravity. “There’s always a reset. It’s inevitable,” he tells Daniela Cambone. “The markets may defy logic in the short term, but they always correct to reality.”
The Disconnect Between Markets and Main Street
Many investors are lulled into a false sense of security by seemingly strong stock markets and reassuring economic headlines. But as Daniela Cambone points out, those headlines often fail to reflect what everyday Americans are experiencing—higher food costs, rising energy bills, and a housing market out of reach for many.
Tim Wood warns that this divergence is a red flag. It typically appears just before a major market correction. The illusion of stability is sustained by artificial stimulus, manipulated interest rates, and central bank intervention. But as history shows, such imbalances eventually break—and when they do, those unprepared suffer the most.
Why Now Is Different—and More Dangerous
Tim Wood emphasizes that this time, the stakes are even higher. We’re dealing with a debt-based monetary system that has been artificially propped up for decades. Central banks have printed trillions to stave off past recessions, creating massive distortions in asset prices and currency values.
Unlike past economic cycles, we’re also witnessing the early stages of a monetary shift—including talk of Central Bank Digital Currencies (CBDCs), which could reshape how we hold and use money entirely. This introduces threats not just to financial security, but to financial privacy and freedom as well.
These conditions make now the most critical time to reassess your strategy and ensure your wealth is not tied solely to paper assets or government promises.
How to Prepare: Real Assets for Real Security
When faced with economic transitions, tangible assets like gold and silver have consistently offered protection. They are not speculative. They are not dependent on Wall Street’s valuations. They are real wealth, held outside of the traditional banking system, and accessible no matter what digital changes lie ahead.
At ITM Trading, we specialize in helping individuals create personalized portfolios that are built for resilience—not just return. Our expert analysts, like Lynette Zang, use historical data, economic cycle research, and current market trends to craft strategies that make sense for today’s unpredictable environment.
If you’re over 50 and thinking about retirement, the question is not whether you should protect your wealth—it’s how quickly you can start doing it.
Final Thoughts from Tim Wood
As Tim Wood and Daniela Cambone discuss in their compelling conversation, understanding and respecting economic cycles is the difference between being caught off guard and being confidently prepared.
“There is always a collapse,” Wood warns. “Cycles have never failed. And they’re not going to this time.”
That’s why taking control of your financial future now is so critical. Not next month. Not after the next Federal Reserve meeting. Now.
Call to Action: Build Your Personal Economic Shield
Don’t wait for the collapse to begin preparing. Schedule your free one-on-one consultation with an ITM Trading strategist today. You’ll receive a personalized strategy that considers historical economic cycles, modern monetary threats, and your unique retirement goals.
➡️ Click here to schedule your strategy session now.
It’s time to protect your wealth with knowledge, strategy, and time-tested assets that can weather any phase of the economic cycle.
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