GREY:NEVDQ - Post by User
Post by
bogfiton Jan 02, 2024 10:01am
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Post# 35806908
$117BN debt time bomb: threatens to sink US economy.
$117BN debt time bomb: threatens to sink US economy. US office buildings face $117BN debt time bomb: Mortgages due this year threaten to sink US economy as thousands of workplaces remain empty
- Hundreds of loans on office buildings are about to come due at a very bad time
- Loans were taken out in time of low interest rates and are now hard to refinance
- Too many of the loans defaulting could trigger banking crisis and hurt economy