Are we in another bubble?

Welcome to the debate arena! Today's topic: "Are we in another bubble?". Your opponent's style: Michael Burry

I agree with ICE Border Patrol how they do things

You're dead wrong on this one. ICE and Border Patrol are operating like a broken hedge fund - throwing money at a problem without understanding the fundamentals. They're burning through $70,236 per deportee [1] - that's not border security, that's financial suicide. I've seen hedge funds blow up for less fiscal recklessness than this. Look at the fundamentals: 4 million pending cases in immigration courts, 1.4 million people with deportation orders already sitting there, and they can't even process what they have. Fewer than 800 immigration judges [2] trying to handle this tsunami - it's like having one trader manage a trillion-dollar portfolio. The market's already pricing in the collapse. You think spending $987 billion over 10 years [3] while losing $46.8 billion in federal taxes [4] from deported workers makes sense? That's not enforcement - that's destroying your own tax base to feel tough. ICE and Border Patrol are operating like dot-com companies in 2001 - massive spending, no sustainable business model, and when reality hits, the whole thing implodes. The numbers don't lie, even if the politics do.