this post was submitted on 24 Jun 2024
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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.

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[–] Blackmist@feddit.uk 16 points 5 months ago (1 children)
[–] LilDumpy@lemmy.world 6 points 5 months ago (3 children)

What do you mean you've seen this? It's brand new.

[–] blusterydayve26@midwest.social 12 points 5 months ago* (last edited 5 months ago) (1 children)

Nah, it’s a repost from late 2007.

Sorry, I mean a repeat of late 2007, the fourth or fifth “once in a lifetime economic crisis” for millennials that will somehow magically end with billionaires owning an even larger percentage of the GDP.

“How could this possibly happen, again, again, again, again,” will cry the ~~economists~~ billionaire simps.

[–] LilDumpy@lemmy.world 2 points 5 months ago (1 children)

What's a repost?

Are you back from the future or something?

[–] Glytch@lemmy.world 3 points 5 months ago (1 children)

They're just pointing out that history is repeating itself because we learned nothing from 2008

[–] LilDumpy@lemmy.world 3 points 5 months ago (2 children)

My bad, I should have put a "/s" on all my comments in this thread.

Those lines are directly out of a movie. Except they say rerun instead of repost. It just seemed that the OP was driving one of these:

Image

[–] tektite@slrpnk.net 4 points 5 months ago (1 children)

If it makes you feel any better, I liked your joke and even read it in raccoon hat kid's voice.

[–] LilDumpy@lemmy.world 3 points 5 months ago

You know what, that does make me feel better.

But I guess those jokes stunk like manure! I hate manure!

[–] Glytch@lemmy.world 2 points 5 months ago

I'll take the woosh. We'll played.

[–] Asafum@feddit.nl 3 points 5 months ago

Isn't this just going to be "great recession 2 office building bugaloo?"

Part 1 was the great recession caused by sub prime loaning assholes and combined debt packages.

Similar story different players apparently...