Do you believe another banking crisis is looming?

[True Dough]

With Trump preparing to loosen regulations on banks, are you anticipating a banking crisis within his term?


Jim Osman
@EdgeCGroup

Just got off the phone with the CEO of one of the largest mortgage lenders in the U.S. — mortgage delinquencies are up 200% in 6 months.

People aren’t just stretched. They’re snapping.

36 votes, 1 pass | Time left: Unlimited
	Yes.
	34 (94%)
	No.
	2 (6%)
	1 DU member did not wish to select any of the options provided.
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[walkingman]

1. I don't think it is imminent but I think the corruption being done by this administration with

the crypto market is very dangerous. He is pushing it with his appointments, the push towards no regulation, and even hoping to have the US Treasury participate. It is very dangerous because the more that is invested the more likely it becomes "too big to fail".
the first step would be for make it illegal for members of congress to invest in crypto and stocks but they will never allow that because it would keep them from making their fortunes with insider information.
Although many people, even at the top think they are doing well, if the dollar loses it reserve currency status we are all screwed....they are playing with fire.

[rampartd]

10. Putting the taxpayers at the base of their

Bitcoin Pyramid would get all these billionaires off the hook. I think depression is not a strong enough description of this crash.

[edhopper]

2. There is always a banking crisis when a

Repuke is in the White House.

[Dave says]

5. Yup, funny that. Huh.

Over 100 years of economic data at a conservative financial services firm I worked at show the worst thing for the economy, by far, is a Repub President, Senate, and House.

The best, just beating out all Dems, is a Democratic President and mixed Congress.

[Chemical Bill]

3. What I believe...

does not necessarily have any relationship with the future. I perceive an economic crisis is here, for most lower and middle class Americans.

[everyonematters]

4. Yes, with all the crypto investment and deregulation of the banks meaning too much investment that is not

connected to the production of good and services.

[Ilikepurple]

8. Nor even connected to any hard assets or IP

I didn’t think the direction was sustainable before Trump and certainly is even scarier now. I can’t imagine what mitigation efforts this administration, the House, and the Senate would come up with.

[JustAnotherGen]

6. Student Loans

Are the crash. These folks are drowning.

[Native]

7. well, Powell won't be the Fed chair come May

things will go downhill rapidly.

[roamer65]

9. August, September or October.