The next 2008 is already unfolding—only this time, it’s not the banks at risk… it’s your savings. Retail bankruptcies are exploding, but that’s just the beginning. Behind the scenes, private equity is using a dangerous debt strategy that could wipe out 401(k)s, pensions, and retirement accounts across the country.

How does it work? Who’s really exposed? And why isn’t anyone talking about it?

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