Quote from: RE on May 09, 2023, 02:33 AMContagion.  The C-word that leads to Crisis and Collapse.

https://www.manilatimes.net/2023/05/08/opinion/columns/us-banking-crisis-in-a-new-stage-of-contagion/1890416

US banking crisis in a new stage of contagion

RE

Eh. Not much new there. Contagion is certainly a catchy word in place of "bankers doing what bankers do in order to make big bonuses knowing they'll ultimately get bailed out by GovCo".

There was an article on the old site talking about commercial real estate risks probably more than a year ago now, it seemed to have some of this pegged, but the banks literally betting the bank on the cost of money remaining low just seems so...blaise. Certainly could cause another 2008 wipeout though. For some folks it might be another "once in a generation" buying opportunity. Last time it was residential real estate and a market rebound, this time it might just be the market rebound. I wonder if Eddie would consider getting into the commercial real estate market if things crashed there hard enough? He seemed to do well getting into the residential/rental side of things the last time.