2 ms·
Ouch, this is going to get a lot worse isn't it?
by RetpolineDrama 3y ago
Ouch, this is going to get a lot worse isn't it?
- toomuchtodo 3y agoNah, labor market is robust and these efforts are still draining money out of the economy (although asset prices aren't deflating like one would hope). I guess the question is, "worse for whom?" Commercial real estate and regional banks still in trouble for sure, as are zombie firms who are going to hit a debt maturity wall when debt comes due and they attempt to refi that debt at current rates.