It appears that the commercial real estate bubble is likely to pop at the end of this month. It’s looking like we’re headed for an economic recession possibly worse than 2008. Would highly recommend reading this post.

  • LaBellaLotta [any]
    hexagon
    ·
    3 years ago

    I do think a situation like late 2007 where the CDO’s begin to default but the market is slow to react is possible. But it’s only a matter of months after that. Are you asking me to prove that derivatives trading is anything other than a Qanon esque fiction of wealth creation? Cause we’re on the same page there.