top | item 35977786

(no title)

andrewdubinsky | 2 years ago

This is prepping the ground for a major bailout of commercial real estate because of its moribund effect on the economy.

Mostly just starting the chant for bailing out the really, really wealthy and those who benefit from CRE. (City governments, insurance companies, mega corps, and commercial banks).

This is not a public outcry, but watch how they do it by creating a story then an echo chamber, making it part of the "recovery", blah, blah. CRE will get a fat earmark in some recession funding, just watch.

discuss

order

comte7092|2 years ago

Exactly, this isn’t about the economy, it’s about lobbying and PR for particular private interests (though there are effects on the broader economy)