>>512747536
Well according to rhetoric coming from the new administration (one example: Stephen Miller) immigration is absolutely priority number one.
We'll believe it when we see it

>economic matters
That is still top priority, and also directly joined at the hip with immigration (in terms of jobs and nationwide employment)
Again we'll believe it when we see it
I think the screeching about 'muh tariffs' and prices etc. is way overblown; what we need to see is (not only price stabilization at the grocery store and gas pump, but) real results in our own cities/communities on jobs, housing and overall prosperty. Which I'm all less optimistic about. Not 'blaming' the new administration either per se, it's just that the problems all together are so severe, we're on the Titanic and about to hit the iceberg (global debt market on brink of collapse)
I'm surprised this hasn't collapsed years ago, already

>>508935197
>Australia flag 6 pbtid
The banking system is even more exposed and insolvent now, than it was two years ago. Many national banks' balance sheets are massively leveraged and interdepented upon Financialized speculative instruments, that are directly connected to bond asset holdings. It is this kind of jenga-tower malinvestment clusterfuck that is going to be the undoing of both the banking system and real estate overall, which is comprised of all sorts of gigaleveraged speculative confections such as MBSs and credit default swaps. All banks have this stuff on their balance sheets (it's just not publicly revealed, admitted or reported) in spades.
National bank balance sheets are a petri dish of speculative debt instrument malinvestment that is just waiting for a slight breeze to implode them.

>>508456459
>junk bonds
One thing you can probably be sure of: It's a lot worse and more janky/ponzied than 2008

Scale and scope of this rot is inconceivable. SVB a couple years ago is just the tip of the iceberg, and that's only the commercial banking sector and their balance sheets. Commercial real estate is the next big sector that they've predicted for a couple years will implode (I have no idea how or why it has not, yet)