Larry Summers breaks down the banking crisis
GZERO World with Ian Bremmer
00:00
The Future of Commercial Real Estate
I think there may be issues in other banks that have very hot money deposits. I've got considerable apprehensions about corporate lending to mid-sized businesses. The activities that were heavy areas of emphasis for regional banks are particularly problematic. As leases come due and don't roll over it substantially lower prices, you are going to see more and more pressure on the commercial real estate sector. So battlefield medicine is ugly. You also don't know when the next bodies are coming in.
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