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The Acquirers Podcast cover image

Value After Hours S06 E33 Big Short's Vincent Daniel and Porter Collins on Gold, Oil, and Housing

The Acquirers Podcast

NOTE

Comparative Calm Amidst Crisis

The current financial climate does not evoke the same level of concern as in 2007, despite existing challenges. An analysis of bank statements shows less alarming delinquencies now compared to the significant rise observed during that period. Past experiences of conducting extensive due diligence and facing palpable anxiety about an impending severe recession contribute to a sense of desensitization. There is an underlying realization that today's situation, while not ideal, feels far more manageable in contrast to the catastrophic conditions faced during the previous financial crisis.

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