News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
2008 all over again
It's really not though, at a very basic level.
It actually kind of is The Bigger Short
I can't help but notice you linked a story from over three years ago. I'm not arguing with any of the problems identified by the researchers in that article, but weakness in the commercial real estate market has been happening for over four years. What happened in 2008 took everyone by surprise. What's happening now is on everyone's radar and mitigation efforts have been happening for years.
The article in the post even talks about the financial institutions identified as over exposed in your article getting rid of these assets to reduce their exposure.
I agree they've been trying to mitigate this but as I understand it things are quite precarious regardless. It's not always possible to mitigate a disaster you see coming even if you try your best to prepare for it.
There has been more talk of it since then - that article just was the only concrete & most reputable source I could think of at the time and I didn't want to turn a post into a research project.
Anyway, while there is more awareness of the issue it is, more or less, the same shady greed-driven risky behavior and nonsense that happened with home mortgages except its commercial mortgages and they've seen it coming.