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

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.

  • Metz@lemmy.worldEnglish
    373·
    5 months ago

    Mind your expenses and plan to save where possible just in case

    So… like always? Nothing changed. We are already fucked.

      • Etterra@lemmy.world
        71·
        5 months ago

        You say that like somebody who’s never had to choose between rent and food before.

        • tb_@lemmy.world
          61·
          5 months ago

          I’m saying that the banks, who appear to be struggling, would like you to save your money by putting it in their system. So they may use it.

          I’m not making any other judgement.

          That said, no clue where the person I replied to got their apparent quote from, as it does not appear in the article itself.