17-03-2023, 09:25 PM
(17-03-2023, 08:51 PM)sgbuffett Wrote: This crisis has many dimensions people focus on banks now only because a few collapse recently But doing this is behind the curve. We should be looking ahead and asking ourselves who risks we are facing
Do you know..
1. US Real estate has fallen sharply in many states
2. Car loan defaults has hit record levels
3. Thousands of US companies will no longer be viable as their high debts means they cannot rollover with interest rates so high.
Above are jyst some of the cracks whose effects have not yet been felt by markets.
Don't forget US recession is also coming...yet another downward pressure
Some said DB bank Germany have gone into some problem ?