/u/The_Everything_B_Mod's posts
This 23-floor Manhattan office building just sold at a 97.5% discount — a sign of how much the pandemic upended the market for office buildings in New York City (Just wait until the banks have trillions in bad loans and have to pause giving loans. At a minimum 100 banks will fail IMO.)
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Oh, I’m sure 2020 was very steady. (The funniest thing is that low rates and free money caused all this inflation. The fed had to raise rates to crush inflation. It's archaic AF, however that is all we have. If banks would have only ever loaned the mean price for assets/no margin all would be fine.)
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I honestly do not understand the Yen Carry Trade that somehow may have hurt our stock market. I don't get it because our market went down. I want to understand what went up from people borrowing the Yen at basically zero percent. I'll be learning in real time right now. (Ouch my head is hurting LOL)
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