this post was submitted on 24 Jun 2024
316 points (98.8% liked)

News

23296 readers
3354 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I'm very cynical about capitalism, especially in the USA.

top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 2 points 4 months ago

Economists: don't worry we will get you those bailouts. Free money for banks! Make it rain!

[–] [email protected] 6 points 4 months ago

Now wheeeeere have I seen this before.....? Hmmmmmmm...

[–] [email protected] 4 points 4 months ago
[–] [email protected] 16 points 4 months ago (1 children)
[–] [email protected] 6 points 4 months ago (3 children)

What do you mean you've seen this? It's brand new.

[–] [email protected] 12 points 4 months ago* (last edited 4 months ago) (1 children)

Nah, it’s a repost from late 2007.

Sorry, I mean a repeat of late 2007, the fourth or fifth “once in a lifetime economic crisis” for millennials that will somehow magically end with billionaires owning an even larger percentage of the GDP.

“How could this possibly happen, again, again, again, again,” will cry the ~~economists~~ billionaire simps.

[–] [email protected] 2 points 4 months ago (1 children)

What's a repost?

Are you back from the future or something?

[–] [email protected] 3 points 4 months ago (1 children)

They're just pointing out that history is repeating itself because we learned nothing from 2008

[–] [email protected] 3 points 4 months ago (2 children)

My bad, I should have put a "/s" on all my comments in this thread.

Those lines are directly out of a movie. Except they say rerun instead of repost. It just seemed that the OP was driving one of these:

Image

[–] [email protected] 2 points 4 months ago

I'll take the woosh. We'll played.

[–] [email protected] 4 points 4 months ago (1 children)

If it makes you feel any better, I liked your joke and even read it in raccoon hat kid's voice.

[–] [email protected] 3 points 4 months ago

You know what, that does make me feel better.

But I guess those jokes stunk like manure! I hate manure!

[–] [email protected] 3 points 4 months ago

Isn't this just going to be "great recession 2 office building bugaloo?"

Part 1 was the great recession caused by sub prime loaning assholes and combined debt packages.

Similar story different players apparently...

[–] [email protected] 18 points 4 months ago (1 children)

Same reason why banks kept giving loans to Trump. He had so much debt that their best option for a long time was to just give him more money in the hopes he could use it to earn enough to repay all the loans. Sunk-cost fallacy at the major financial level.

[–] [email protected] 9 points 4 months ago

"if you owe the bank $100 that's your problem, if you owe the bank $932,514,634 that's their problem."

[–] [email protected] 23 points 4 months ago (2 children)

What's that? Rich fuckers are worried about being less rich? However will I be able to sleep at night.

[–] [email protected] 1 points 4 months ago

You will sleep after paying taxes for their bailouts.

[–] [email protected] 2 points 4 months ago

They will never be less rich.

[–] [email protected] 5 points 4 months ago (1 children)

Can they dump mine please?

[–] [email protected] 2 points 4 months ago

Nope. Bankruptcy only exists for people who will never need it.

[–] [email protected] 5 points 4 months ago

Largest print outlet in the US: "look at these guys being quiet"

load more comments
view more: next ›