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As soon as it's possible. There is a wave of insolvencies coming that will eliminate a lot of supply
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You think its that serious?
Banks will need to be bailed out in france?
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100%. And german banks, too. They are heavily exposed zo US CRE
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I thought the german nanks were bailing out everyone else?
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Nono. They always need state bail outs, too.
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What?
I thought they were the most solvent?
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Oh no.
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Maybe it is time to borrow from Iceland.
I heard they are pretty wealthy.
Its not letting up at all.
When do you think they will have to raise prices and pass on the cost the client?