Forget Politics, are we heading for a recession

[masonbengals fan]

(09-02-2023, 12:56 PM)NATI BENGALS Wrote: I think real estate will be responsible for the next economic catastrophe. Giant empty office buildings. Crazy high rent and home prices. I’ve been hearing for awhile about a major commercial real estate problem brewing.

We had the Dodd Frank act after the 2008 collapse. Regulations were put in place to prevent a future crisis. Trump rolled back some of those regulations that were put in place in 2018 and 5 years later here we are with another bank crisis bubbling… 4 bank failures in 2023.

We also had an economy doing great. Then decided to cut taxes for the rich while keeping interests rates incredibly low. And for some reason we are surprised it caught up to us.

At the time I was still working, myself & everyone I worked with got a tax cut.