Raoul Pal & Julian Bridgen: Understanding How to Navigate These Global Markets
Real Vision: Finance & Investing
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The Reality of the World Has Changed
Mark O'Mara: I was in Europe a few weeks ago and I met with a very large distressed debt, kind of a bit vultury fund. And they were talking about the only difference between places like Sweden, where we've seen catastrophic price action in the REITs,. It's down 90%. The only difference between that and the rest of Northern Europe was just time. He says if you really did start to mark this stuff to market, the losses would be absolutely huge.
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