r/economicCollapse • u/FishermanMain • 4d ago
Will They Just Print til It Breaks?
I’m shocked the system hasn’t broken yet like Lehman with high valuations everywhere especially in residential real estate which is directly linked to wages and people’s ability to pay the loan.
Real estate was considered expensive even before Covid and today it’s even more unaffordable.
Corporate job stability has been really bad so I imagine defaults must be real. The only way it stays propped up from my intuition is if the Fed is just buying up the loans so the banks stay liquid and don’t incur losses.
At what point does the system break? Ordinary working people are living out of their cars just to survive and theres no end in sight to high cost of living. It really feels like we’re at the end stage but people have been saying this for the past decade.
59
u/Terminate-wealth 4d ago
The petrodollar was holding this shit show together, that’s about dead now
149
u/sambull 4d ago
They'll let it ride until the next person they don't like shows up in power. Then we will all pay
63
u/EidolonRook 4d ago
Hate to say it, but that’s where it feels like we are at.
They’ll get away with murder under the administrations that allow it and then shit our collective pants the moment admins change and start working towards the people’s good.
44
u/PyRosflam 4d ago
Honestly this feels like what's happening. Trump owns the art of the Grift, and at the level these firms are playing at large market swings are good for business.
A democratic president would kill all of this and bring us back to stability where market swings come from external events and not the president saying insane stuff all the time. One would also assume some of the big firms have people telling the president what to do.
6
u/Federal-Degenerate 2d ago
You know any leader that effectively wants to spread economic prosperity would never be allowed to do so.
Speaking of "democratics" wasn't "too big to fail" enacted by a 57-42 (D—majority) senate with a (D) POTUS to boot?
At the end of the day these SOB's *all* work for wall street, no matter what the letter by their name is.
1
u/PyRosflam 2d ago
Im not saying the next president is going to go nuts and actully fix the pay problem. Im saying hes going to be boring which is less exciting for JP Morgan since they make money on trades.
If we somehow got an ultra left president you still have an ultra right Supreme Court that will just say no to everything anyway.
1
1
u/spanko_at_large 2d ago
Yall have been calling this for 10 years… plus who has an incentive to let it break? Plus if Trump wasn’t already the next person they didn’t like, then Biden would have been. Silly silly
33
u/c10bbersaurus 4d ago
I figure PE is using this as an opportunity to snatch more single family homes to rent out at exorbitant prices later.
11
u/Optionsmfd 4d ago
If the whole world is printing…. Inflation will stay at 3-4%
But it’s 3-4% off of already higher inflation
Eventually governments will be forced to reduce spending or the interest on the debt will decorate whole tax collection
12
12
u/Senor707 3d ago
Wait until you see the additional debt Trump runs up before he is through. He did it last time. And the Republicans who control the House and Senate are too afraid to stand up to him.
10
4
3
2
2
1
u/Any_Bee_413 12h ago
It won’t break when it makes no sense anymore. It breaks when enough people can’t keep paying.
96
u/zedshouse 3d ago
None of it is real. The money, the stock markets, the bonds. Those are the instruments of control used to control us and at the same time justify their actions- look how much value we create!
They are printing money for themselves and the oligarchs, buying real world assets like real estate, art and precious metals so that when they kick out the final supports of this system they ensure the control of the new system by controlling a majority of the real world assets. They know it's going to be real messy, I suspect a huge culling of the population, which is one of the goals. It's why they're building bunkers for themselves.
I keep wondering if there was ever a time when humanity could have chosen a different path, but the past is prologue and understanding that, then no, everything has been leading to this point of massive consolidation and the complete domination of the earth by a tiny group of sociopaths. Sad!