Friedman: Opportunity Zones will drive enormous regional bank loan demand
Manny Friedman · Manny Friedman – Non-Linear Financial Systems (Capital Allocators, EP.61) · Jul 23, 2018 · at 23:39
Manny Friedman, co-founder and CEO of EJF Capital, discusses the catalytic effect of Opportunity Zones on regional banking and the broader US economy.
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“This is an example where things are going to happen unbelievably quickly. It's gonna create enormous loan demand for small banks, regional banks, All over the country, and I believe, we'll see, I've been wrong a lot of times before, but I believe this will be one of the major, major events in the country, similar to how big the oh eight, oh nine crisis was.”
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