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.”

  • MaoTheLawn [any, any]
    ·
    1 year ago

    So when these banks fail because of failed property investments, then what? Another financial crash? Full repeat of 2008?