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Turmoil continues as dead canaries pile up in the Euro$ mines. People are noticing the carcasses.

Eurodollar University

00:00

The Global Shakeout of Commercial Real Estate

US regional banks are heavily exposed to commercial real estate, biggest supporter of that sector. We have not just office space that's lying vacant, how many warehouses have been built expecting the global goods surge was going to be permanent too. The stuff that we've seen thus far actually hasn't even, it's only slightly real estate portfolio degradation which would become a very serious thing later this year in my view.

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