It’ll happen when the banks write off their downtown commercial real estate. Someone’s holding those ten trillion dollar sinkholes and we still don’t have anything to make those massive skyscrapers valuable again. At least everyone sees it coming this time even if we can’t do anything about it.
When is The Big Short Part 2: Financial Boogaloo?
It’ll happen when the banks write off their downtown commercial real estate. Someone’s holding those ten trillion dollar sinkholes and we still don’t have anything to make those massive skyscrapers valuable again. At least everyone sees it coming this time even if we can’t do anything about it.
Cries in Canadian housing crisis
The Canadian government just poured $40b into buying its own mortgage backed securities. Compre this to $150B in March 2020, and $68B from 2006-2009.
Sure looks like a liquidity crisis to me. Buckle up, buckaroo.
It’s supposed to be in theaters at the same times as Beheading 2: The Guillotines Come to America.
Isn’t the article about South Korea?
Isn’t The Big Short about America?