The smaller banks are going to get wiped out in the US due to commercial real estate. Companies are already walking away when their loans come up for refi as opposed to even going through the process.
I made good money during the last housing debacle. No matter how bad it looks, somone is always making money from it! Sure, some banks may have to realign, but for others? They will continue to carry on business as usual.
Going to be messy.
I made good money during the last housing debacle. No matter how bad it looks, somone is always making money from it! Sure, some banks may have to realign, but for others? They will continue to carry on business as usual.