Is working from home about to spark a financial crisis?

https://www.economist.com/finance-and-economics/2024/02/14/is-working-from-home-about-to-spark-a-financial-crisis

by paulpauper • 2 years ago

27 15 2 years ago

economist.com

alephnerd• 2 years ago

"That is the worry. But it is overblown" - the byline

mathgeek• 2 years ago

Obligatory and correct: https://en.m.wikipedia.org/wiki/Betteridge's_law_of_headline...

MetaMonk• 2 years ago

Someone needs to write an article titled "Is Betteridge's Law Always Correct?"

mikhailfranco3• 2 years ago

Maybe Bertrand Russell's barber?

If he's not too busy.

mikhailfranco3• 2 years ago

Even the sub-heading says No

  That is the worry. But it is overblown

6th2• 2 years ago

Manglement is always about to spark a financial crisis.

That's not on us. That's on them.

cyanydeez• 2 years ago

unfortunately, the solution has always been : bailout the capitalist rent seekers.

the only time they went against that? years of inflation as the rent seekers turned up the... you guessed it, rent.

runamuck• 2 years ago

Did you misspell "management" on purpose or have a Freudian slip? Either way "mangle- ment" seems appropriate to me.!

6th2• 2 years ago

Oh I knew.

StreetChief• 2 years ago

https://archive.is/szhZP

throwaway743• 2 years ago

No.

gedy• 2 years ago

Not for me! I have better health and not spending as much money on commuting, cars, etc.

deafpolygon• 2 years ago

If it does, that's on them. And it's an indication that maybe the system isn't working correctly. Time to tweak it until it's right.

xchip• 2 years ago

Yet another "Is <x> going to be a tragedy" article.

mikhailfranco3• 2 years ago

I think WFH (no RTO) and high interest rates will spark a recession. That was the whole idea of the Fed hiking rates and tightening 'QT' to reduce inflation. It's not an accident, a recession was always the goal.

However, we all know, if there is any whiff of a real crisis, The Fed will bailout: most regional banks (more likely forced acquisition by TBTF Wall St. Friends of the Fed ); some large CRE developers; and leveraged 'insider' REIT funds like Blackrock (not WeWork).

Most (>50% by loan value) Americans already have .gov as their residential landlord through Fannie & Freddie. Soon most of their mostly-empty office space will also have a .gov landlord.

Is working from home about to spark a financial crisis?

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