• Re: Terabuck In Bad Commercial Loans to Hit Banking System This Year

    From rbowman@21:1/5 to All on Mon Feb 19 03:18:55 2024
    XPost: soc.culture.usa, alt.survival

    On Sun, 18 Feb 2024 19:43:15 -0500, 68g.1509 wrote:

    The banks and other lenders are seriously on the hook for all those
    storefronts/offices. A trillion dollars (plus expected interest)
    ain't to be sneezed at.

    The same thing happened in the late '80s when the tax code encouraged
    building unneeded office space.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)