23-03-2023, 09:24 AM
It is a big mistake to invest in big US banks like BoA JP Morgan ...something touted by pundits as regional banks collapse saying big banks benefit.
One of the several major reasons is these big banks hold alot of commercial real estate debt Total held by banks is $1.75T
To date there is already $74B losses in the big banks. This js set to rise as crisis deepens
This however us just one of the several shoes to fall. The US is a highly leveraged economy with high debt to GDP.
https://www.marketwatch.com/story/bank-j...ts-228252b
One of the several major reasons is these big banks hold alot of commercial real estate debt Total held by banks is $1.75T
To date there is already $74B losses in the big banks. This js set to rise as crisis deepens
This however us just one of the several shoes to fall. The US is a highly leveraged economy with high debt to GDP.
https://www.marketwatch.com/story/bank-j...ts-228252b
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.