It's all coming down: life insurance, commercial real estate, the lot. Residential property was the keystone that held the arch together. When that blew up, it took all the other stuff with it. The only game left in town is trying to guess in what order everything falls apart. Treasury knows it, but won't tell, hoping for some kind of deus ex machina intervention - like maybe a war?
It's all coming down: life insurance, commercial real estate, the lot. Residential property was the keystone that held the arch together. When that blew up, it took all the other stuff with it. The only game left in town is trying to guess in what order everything falls apart. Treasury knows it, but won't tell, hoping for some kind of deus ex machina intervention - like maybe a war?