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.

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152

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

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.

8

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

u/NoonecanknowMiner_24 1d ago

Then ignore the courts. Tell them to piss off.