Hello fellow rebel capitalists hope you're well I'm still here and beautiful Saint Bard's but today I'm inside in the air conditioning yesterday was way way too hot

for some reason I turn this around with the villa you can see

Josh is still out there toiling away in the heat

the benefits of being young I guess I don't know he's thought they're just working away at thumbnails and work on live streams it's like a hundred degrees with massive humidity, but he's enjoying the view of the of the

Caribbean down there. But anyway, I wanted to talk about the most recent mega bankruptcy and as most of you know I can see in the chat right now that is

we work but it's not just about we work filing for bankruptcy it's also about what this says

about the broader market the banking system commercial real estate as a whole and

if this could lead to potentially an investment opportunity.

Maybe not now, but maybe sometime down the road,

maybe a year, maybe two years from now from now let's get right into this article

from Zero Edge check out what happens specifically the details we work and then try to

think through this to see if it might be a way for us to potentially make money long term.

All right, title, we work files for bankruptcy, roiling, already roiling, already

stressed office, C. R. E

commercial real estate market. Okay, and I would add the banking system.

That's something that we always need to be cognizant of.

These things don't happen in isolation. You have to look at all

the balance sheets involved. And when the balance sheet, when a lot of this debt is sitting

on the balance sheet of these banks, These banks are responsible for the global

monetary system. You've got to think about these systemic risks. All right,

getting into the article almost exactly two years ago after going public via

SPAC, we worked the struggling co-working startup that once held

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