140
I blame avocado toast
(hexbear.net)
https://finance.yahoo.com/news/no-one-saw-coming-kevin-133000274.html
“No one saw this coming,” entrepreneur Kevin O’Leary said in a recent interview with Larry Kudlow of Fox Business. And O’Leary believes the issue will manifest itself in the regional banking sector. “These banks are going to fail,” he said, “because up to 40% of their portfolios … are in commercial real estate.”
I told my dad about this entire phenomenon like 5 years ago. He proceeded to disagree. His understanding of economics is better than that "kitchen table" bullshit but it's ultimately still liberal and not Marxian at all. He probably couldn't tell you the name Keynes but that's generally how he feels. He's a well meaning liberal that thinks reaganomics sucks and libertarians should be laughed out of the room so I haven't given up on him yet.
But still, lol, dad.