If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.

    • Glytch@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      5 months ago

      They’re just pointing out that history is repeating itself because we learned nothing from 2008

      • LilDumpy@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        5 months ago

        My bad, I should have put a “/s” on all my comments in this thread.

        Those lines are directly out of a movie. Except they say rerun instead of repost. It just seemed that the OP was driving one of these:

        Image