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Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
(www.nytimes.com)
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this post was submitted on 24 Jun 2024
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Probably selling them to our corrupt government... So we can all be left holding the bag
I mean, it's proven financial strategy. Money is just a number to rich people and if you need more the government will just give it to you.
Oh they don't need to do that, we've already determined that some companies don't have to suffer the consequences of their own actions because they're "tOo BiG tO fAiL" so society has to suffer the consequences.
Just remember: when they win, they win. When they lose we lose and they still win.
Our form of capitalism is a fucking joke. Socialism for the wealthy owners and rugged individualism for the poors.
Yep. Biggest disappointment about the 2008 crisis was that all the people who caused it were able to go back to work and start doing it all over again
I say, if you crash the global economy, you ought to be relegated to fast food service for the rest of your life.