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news • 4 months ago

In its Quarterly Banking Profile report, the FDIC says banks are saddled with over half a trillion dollars in losses, due largely to exposure to the residential real estate market.

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In its Quarterly Banking Profile report, the FDIC says banks are saddled with over half a trillion dollars in losses, due largely to exposure to the residential real estate market.

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

news • 4 months ago

https://www.fdic.gov/news/speeches/2024/fdic-quarterly-banking-profile-first-quarter-2024

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MeowZedong@lemmygrad.ml
·
4 months ago
Time for us to pull an Uno reverse and foreclose on the banks. Time to convert those "investments" into homes again, the fucking leeches.

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happybadger [he/him]
·
4 months ago
Feed them the molten gold they're owed and nationalise the housing stock.

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