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Do you feel like youve got the visibility and transparency and tools to address it. It makes me nervous because this has echoes of 20082009 when vacancy rates were declined rapidly. How do you feel . Does that risk continue to be manageable . Chr. Powell i would say yes to that. I think it is manageable and weve been working hard for some time now really and what it really is is its a lot of downtown real estate where theres too much officesupply because of work from home and also the Downtown Retail that is no longer as profitable. Things like that are at the heart of it. So what we have done is weve looked at banks that have significant concentrations and weve been in touch with them to make sure they have a plan to deal with that. There will be losses by some banks. Its really medium and small sized banks that have these higher concentrations. Its good to be this problem we work through for several years and the idea is you ha ....
Down so please thank me join me in thanking rob for coming today and book. And now i am so pleased to introduce tonights speakers gerald epstein. Ian is the professor of economics and codirector of the Political Economy Research institute at the university of massachusetts, amherst. He has published widely on a variety of progressive Economic Policy issues, especially in the areas of central banking and international finance. His previous books include the political economy of central banking contested and the power of finance and whats wrong with modern money theory . A policy critique. He is also a longtime member of the center for popular economics. Hell be joining in conversation tonight by juliet schor ford, professor in economics and associate energy at boston college. Gerald epstein is presenting his new book busting the bankers club finance for the rest o ....
Down so please thank me join me in thanking rob for coming today and book. And now i am so pleased to introduce tonights speakers gerald epstein. Ian is the professor of economics and codirector of the Political Economy Research institute at the university of massachusetts, amherst. He has published widely on a variety of progressive Economic Policy issues, especially in the areas of central banking and international finance. His previous books include the political economy of central banking contested and the power of finance and whats wrong with modern money theory . A policy critique. He is also a longtime member of the center for popular economics. Hell be joining in conversation tonight by juliet schor ford, professor in economics and associate energy at boston college. Gerald epstein is presenting his new book busting the bankers club finance for the rest o ....
Three steps do not live in poverty. And a bipartisan theres theres bipartisan agreement this for voters i think for the elites, a mismatch. I think republican elites would support Something Like that in democratic elites are more skeptical of it. But for ordinary people i think like this is something that republican could actually sort of dwell on and focus on that actually agrees on this. So you can find to to promote that. Well, we really encourage you all to read robs book. It is it is great and you will definitely not want to put it down so please thank me join me in thanking rob for coming today and book. And now i am so pleased to introduce tonights speakers gerald epstein. Ian is the professor of economics and codirector of the Political Economy Research institute at the university of massachusetts, amherst. He has published widely on a variety of progressi ....
Three steps do not live in poverty. And a bipartisan theres theres bipartisan agreement this for voters i think for the elites, a mismatch. I think republican elites would support Something Like that in democratic elites are more skeptical of it. But for ordinary people i think like this is something that republican could actually sort of dwell on and focus on that actually agrees on this. So you can find to to promote that. Well, we really encourage you all to read robs book. It is it is great and you will definitely not want to put it down so please thank me join me in thanking rob for coming today and book. And now i am so pleased to introduce tonights speakers gerald epstein. Ian is the professor of economics and codirector of the Political Economy Research institute at the university of massachusetts, amherst. He has published widely on a variety of progressi ....