Loading ...Banks, we got a bad mixture with the sudden breaks on the economy due to inflation including demos lunatic policy’s. .I think this is the main reason the banks could be in trouble. Housing
Note too the immigrants for votes. The chart shows a decrease in native born workers and increase of foreign born workers in the job market.
This guy explains why with prices plus interest rates up it’s no longer beneficial to rent property’s and those renting with mortgages may be in the negative. Property taxes and insurance going up too. He says they would get more in interest from treasuries. It’s no longer a money maker for the trouble. So are these banks holding a lot of mortgages on property no longer affordable.