Crime, riots, and rate hikes gutted America’s downtowns.
Leaving at least $1.2 trillion in losses. One office building in New York just got marked down from $332 million to $8 million.
Banks are now holding just *half* the reserves they need. Meaning taxpayers and depositors will be picking up the tab.
https://bird.makeup/@profstonge/1830945395528413228
Wall Street Silver /
npub1pt…gnpdh
2024-09-03 13:40:37
Author Public Key
npub1ptu6gvjzgxughc00cdjuetfygy23sjvemtm0puyfyv50jqvu0jys5gnpdhPublished at
2024-09-03 13:40:37Event JSON
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"content": "Crime, riots, and rate hikes gutted America’s downtowns. \n\nLeaving at least $1.2 trillion in losses. One office building in New York just got marked down from $332 million to $8 million. \n\nBanks are now holding just *half* the reserves they need. Meaning taxpayers and depositors will be picking up the tab.\n\nhttps://bird.makeup/@profstonge/1830945395528413228",
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