getting closer to the agreement, page-10

i think nowadays credit is no longer the issue regarding asset prices.

asset prices were a bubble and they have no burst -- there is no going back to the ridiculous valuations any time soon.

globally P/Es are falling for all income-generating assets, due to the recession.

So yes if the asset prices start immediately increasing (say within 2 yrs) then MAYBE. Otherwise prices are here to stay for a while like they are now, and will probably sink another 10-20% (they're already off around 30%) bringing total fall in asset values probably close to 40% -- that means BNB will be in the red to the tune of 3b (Hence why banks are so desperate).

I just don't see the asset price situation turning around very soon -- PLENTY of assets on the market and not enough economic activity to warrant high prices for those assets.