the US mortgage bubble will likely pop alongside other bubbles, due to a high degree of interdependence and correlation within the financial sector the mortgage bubble can both, trigger and be triggered by burst of other bubbles so you'll see a cross-border systemic downturn

Illya Gerasymchuk 2025-09-19 22:18

of course, that doesn't resolve the underlying supply/demand imbalance at the risk level implied by the leverage so the bubble is still there, and eventually it will eventually pop