If you really wanna see the tsunami that's coming, go look at the MBS prominence as collateral in repo market and then take a look at the commercial mortgage special faculty numbers. I won't spoil the surprise but suffice it to say they may have a Cartesian problem.

nostr:nevent1qqsdtr88z283phncs75ea3p62jay9v2l85pdrj0g26srw5hjg40uv2cpp4mhxue69uhkummn9ekx7mqzyr2f4ypr5gwm5xeusvrv5d5m7vjrmz6yhrctd5gevcrl0vyep75d7qcyqqqqqqgar7sjs

😬

nostr:nevent1qqsdtr88z283phncs75ea3p62jay9v2l85pdrj0g26srw5hjg40uv2cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp4y6jq36y8d6rv7gxpk2x6dlxfpa3dzt3u9k6yvkvplhkzvsl2xlqvzqqqqqqy5k8nem

Not good. Unless u are JPM