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I blame avocado toast (hexbear.net)
submitted 1 year ago by Yuritopiaposadism@hexbear.net to c/urbanism@hexbear.net
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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.”

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[-] Assian_Candor@hexbear.net 8 points 1 year ago

They’ll just bail them out lol who are we kidding

[-] invalidusernamelol@hexbear.net 5 points 1 year ago

Not regional banks, they'll allow them to be swallowed by JP Morgan, and Wells Fargo

this post was submitted on 05 Oct 2023
140 points (100.0% liked)

traingang

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