ilmscore | Prediction Details
"This is much worse than 2008 for the banks no you know because in 2008 commercial real estate wasn't a problem at all it was only residential and the banks were only losing money on the mortgages that went into default today they're losing a fortune on Commercial Real Estate and they're losing money on every mortgage that's current"
By Minority Mindset | April 23, 2024 | Pending
From video
ECONOMIST WARNS: A Great Depression Is Coming In America | Peter Schiff x Jaspreet Singh 00:57:14 - 00:57:40
Interpreted Prediction
The current banking crisis is more severe than 2008, as it affects commercial real estate and all current mortgages, whereas 2008 primarily involved defaulted residential mortgages.

Prediction Details

Topic
US Banking System

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