7/13/23: The Coming Real Estate Crisis
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
00:00
The US Bank System's Market Value Is $2 Trillion Less Than It Was a Year Ago
The nation's six biggest banks have written off a combined $5 billion in defaulted loans in just the last three months. The largest category of loan defaults are credit cards, but the second biggest is commercial real estate. A finance professor at Stanford says a banking crisis is coming and we can blame the real estate market.
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