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 Message 38778 
 Joseph Pereira to All 
 Dramatic Loans 
 02 Dec 25 06:17:04 
 
TZUTC: -0600
MSGID: 37019.fido_politics@1:124/5016 2d949f5b
PID: Synchronet 3.21a-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0
TID: SBBSecho 3.31-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0
BBSID: EOTLBBS
CHRS: ASCII 1
FORMAT: flowed
NOTE: FSEditor.js v1.105

In the US, there's significant unrest brewing about the status of loans.

BlackRock has lost a loan worth billions. The company they lent to turned out
to have only $100,000 in cash. The billions BlackRock lent were lost in the
company's bankruptcy.

But this is just one loan.

Billions lost on one loan... How many more loans will follow, because,
especially at the local level, things aren't going well in the US. US economic
growth comes from AI investments. The real economy is weak.

If you were to remove AI investments, the US would be in a severe recession.

Local businesses are in recession. So banks, pension funds, and hedge funds
are going to feel the pinch.

 .
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