Why Banks Are Getting Worried

"we've been seeing a rise in potential commercial real estate defaults and also AR rise in corporate defaults as well."

"and also AR rise in corporate defaults as well."

"well now what we're seeing is a huge chunk of people that are starting to see these debts readjust"

"well now what we're seeing is a huge chunk of people that are starting to see these debts readjust"

"well now if somebody needs a 6% return that means now that this building isn't worth their $1 million is worth less but I'm going to for the sake of this example say that it's worth $11 million so let's assume now that this building is only worth $11 million"

"we've been seeing more and more commercial real estate enter foreclosure because of this"

"they themselves said that they're going to start cutting interest rates in September"

"you have Wall Street that says that the Federal Reserve Bank is going to cut interest rates by 1% by the end of the year"

"we're going to see craziness we're going to see markets go up we're going to see markets go down we're going to see booms we're going to see bust we're going to see the economy grow we're going to see the economy crash"

"Manufacturing in the United States shrank for four straight months"