Maybe the “risk takers” who invested in corporate real estate, just before corporate real estate became useless, should all fail. Idk why anyone believes the bullshit that they should be jacking up prices to cover their failures. Their whole existence is avoiding risk while calling themselves risk takers and then blaming everyone else when gambling for a living doesn’t work
Maybe the “risk takers” who invested in corporate real estate, just before corporate real estate became useless, should all fail. Idk why anyone believes the bullshit that they should be jacking up prices to cover their failures. Their whole existence is avoiding risk while calling themselves risk takers and then blaming everyone else when gambling for a living doesn’t work
Risk means sometimes shit goes south. I’ve seen a lot of shit not going south.
Credit Suisse folded, Archeagos folded. The whole Evergrande thing in Chinaa. But I think that’s it in recent history