/biz/ - Business & Finance

The federal reserve has exhausted all means of economic intervention.

Bond market is shit.

Illinois municipals will be junk status soon and pull pensions to attempt a cover.

Tech stocks for companies that have no viable revenue stream are valued at insane p/e ratios. Even if revenue improved, no foreseeable cash flow models.

Entire industry built on people cannibalizing vehicle value for interim cash flow, mostly on debt (lyft, uber, doordash).

Auto market debt about to pop.

Student loans are starting to be wrapped into CDO like instruments.

Canada real estate in free fall.

Restaurant industry (I run a few) a ticking time bomb as our primary customer base (retired boomers) are dying or becoming immobile.

Yellen says "unlikely to see financial crisis in our lifetimes" which I can't figure out if she is delusional or sees nuculear hellfire on the horizon.

I'm in crypto with every dollar I have saved, but I want to know how are people still talking about economics as if we aren't about to see bread lines again?

The only way out I see is if Trump goes natsoc and nationalizes everything.