this post was submitted on 27 Feb 2024
21 points (92.0% liked)
US News
2040 readers
18 users here now
News from within the empire - From a leftist perspective
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They have a lot of insider info we don't have access to. However, there are a lot of publicly available indicators pointing to a looming crisis. For example, bad property debt exceeds reserves at largest US banks and this might lead to a similar crash that we saw in 2008 due to subprime mortgage delinquencies. https://archive.ph/snNkw