On Sat, Jan 11, 2025 at 2:17 PM Alan Grayson <agrayson2...@gmail.com> wrote:
*> What isn't being discussed is the likely banking crisis as a result of > these fires. With entire neighhoods burning out of existence, I wouldn't be > surprised if there's a Trillion+ dollars of bad debt being created, as > homeowners default on their mortgages.* *The figure I've heard is $135 billion in fire damage, it would take more than that to cause a banking crisis. * *John K Clark See what's on my new list at Extropolis <https://groups.google.com/g/extropolis>* cbc -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To view this discussion visit https://groups.google.com/d/msgid/everything-list/CAJPayv0uuiF7cGFgEh2p7sOYv%3Da6mmCoAj%2BZuHPwg0yhvvcRGQ%40mail.gmail.com.
