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.”

  • Philosoraptor [he/him, comrade/them]
    hexbear
    20
    9 months ago

    If you just leave it standing empty, you can write the losses off and avoid paying taxes on all the other money you're stealing from workers.