/biz/ - Business Inquiries

be 2005
>Wall Street big nose mode: ON
>create “CDO”
>bundle thousands of subprime mortgages
>“these are AAA now, trust me bro”
>entire system collapses
be 2012
>big nose need money again
>can’t say “CDO” anymore, public remembers
>rename it “CLO”
>now just bundle shit corporate loans instead of mortgages
>call them “secured” because businesses sound serious
>regulators: “hmm this looks familiar”
>big nose: “nah this time it’s different”
>commercial housing skyrocket
be 2023
>interest rates, building costs and rents go brrrr
>buyers vanish
>developers can’t refinance
>CLO investors sweating
>regulators: “wait, this was just CDO with extra steps”
>companies start defaulting
>the real estate market is freezing, funds are collapsing
>entire system…

Just… why? The only difference now is that nobody is talking about this. I think it's time to cause a public panic. This entire shit needs to collapse.