Is the 'vid going to push us into a GFC Redux scenario? Loads of people aren't going to be able to pay their mortgages, MBSs, CDOs and all those sorts of financial instruments are still out there, but rebranded, as far as I can pick up and although banks are better capitalised, I believe, they're still really exposed to a collapse where commercial property looks like it is about to lose value.
Or am I classic example of having read The Big Shorts and seen it twice and being full of a little knowledge?
Or am I classic example of having read The Big Shorts and seen it twice and being full of a little knowledge?
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