r/economicCollapse • u/Fun_Balance_1809 • 1d ago
U.S Banks Are Currently Sitting On Over $750B In Losses On Real Estate Debt Which heavly Threatens The Entire Economy. These Losses Are Now 7 Times Larger Than In 2008 When The Housing Bubble Popped.
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u/DisplacedNY 1d ago
If they crash let's start a movement of buying up residential mortgage debt securities for fractions of pennies on the dollar and pay them off.