dfgcnx
@asder
If RE/CRE liquidations could occur in an orderly fashion then, in theory, the banks could survive from CMHC, etc., As RE/CRE is in such extreme bubble valuations, based upon flywheel use of credit, it’s not possible to be orderly. Ex: forthcoming ene-way ticket defaults.
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sturs
@sturs
Extreme valuations and credit misuse could lead to disorderly defaults.
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