The first domino in any crash is the collapse of a shady financing scheme. Keep a close eye next on anyone holding ABS stuffed with worthless auto loans. And boy, whoever has been buying up those credit card ABS's, get out of their blast radius.
https://www.nytimes.com/2025/10/10/business/first-brands-bankruptcy-wall-street.html
Posted by Chris_L_
12 Comments
Is gold not longer rallying but rather revamping as another form of money.
Countries are buying up but the institutions are yet to buy up.
The gold spike is just it telling us how fucked the fiat is.
There will be a reset of some sort the central bank DC
Once the institutions and msm media mention gold the peak is there and it all comes down
Who’s to say gold won’t hit 10k this could just be the beginning could be another few years of this
This guy’s onto something, I’ll come back to this if we crash in 2026
Private credit and tight spreads are definitely the bubble right now. At least SP500 companies have to report their financials…
Yeah, the current financial climate has shades of the 08 collapse with the proliferation of fintech companies and cheap loans that are coming to maturity.
I got a lot of SPAXX and SGOV so looking forward to buying the dips and/or crashes.
USD losing its value? I been to Viet, Thai, kr and jp this year, i dont feel too much tbh
Also I don’t get Trump’s strategy here. He threatens 100% additional tariffs in 3 weeks time. If he backs off without any real ‘good news’ he exposes the US as weaker positionally than China. At the same time China has no incentive to give him any good news for 3 weeks. It’s in their interest to see how this plays out for the US.
Trump walked into this one.
Steve Eisman has a great video on YouTube about the auto loans that he posted last week. It was really really concerning.
Always the most opaque and leveraged assets that kick it off. Regional bank exposure to commercial real estate also feels like a huge vulnerability right now.
Along similar lines, anyone familiar with the financing model behind this enormous datacenter boom? AI isn’t producing a fraction of the revenue needed to cover all that debt. I’d love to know who’s sitting on that bomb.
All of OPs comments on post are doom and gloom. It’s all “the fascist are coming, the economy is crashing, we’re headed for civil war” I wouldn’t take any financial advice from chicken little here.
Is being a full time reddit doomer a good paying job?