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Breaking Points with Krystal and Saagar
9/7/23: Working Class Historic Rejection Of Biden, Kamala "Ready To Be President", Rand Paul Blasts McConnel Health, Banks Face Real Estate Doom, Gen Z Turns On College, Mike Pence War On Populism, Krystal On Bidenomics, Liberty Gun Safes
Sep 7, 2023
01:29:51
Snipd AI
Krystal and Saagar discuss historic working class rejection of Biden, Kamala's readiness for presidency, Rand Paul's criticism of McConnell's health, banks facing real estate collapse, Gen Z's dissatisfaction with college, Mike Pence's war on populism, Biden's short term problems, and Liberty Gun Safe's threat to privacy
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Quick takeaways
- Working class rejection of Biden, Kamala's readiness to be president, Republicans who beat Biden in hypothetical election, banks facing collapse due to commercial real estate doom loop
Deep dives
Regional banks face risk due to commercial real estate exposure
Regional banks have a higher exposure to commercial real estate than previously believed, with indirect lending adding to the risk. If the commercial real estate market continues to decline, these banks could face significant pressure.
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