this post was submitted on 09 May 2024
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Technology

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[–] Banzai51@midwest.social 2 points 6 months ago

Part of it is management that can't handle their duties if they can't walk over and intimidate workers. The other bit is many companies have cash reserves invested in commercial real estate instruments, and can't handle the profoilo hit. And many of those company leaders are also personally invested in that same real estate.