2 ms·
That will be a painful one to attempt to fix because a lot of lending we likely want to happen happens secured by an asset with unrealized cap gains. Basically
by snapplebobapple 2y ago
That will be a painful one to attempt to fix because a lot of lending we likely want to happen happens secured by an asset with unrealized cap gains. Basically the whole real estate system depends on this lending as does corporate lending. The deleveraging doing the above wrong will cause eill be awesome.