Yes, that Angela Davis, commie America-hater & black racist.

Loan DENIALS, to those white individuals who can't repay, are also great.

Obviously.

The problem would be: loans to nonwhite individuals who can't repay.

"Giving a fair crack at life" is NOT giving someone a million dollar loan.

It's giving them reading, writing, arithmetic & the Bill of Rights (e.g., free speech & due process).

If you understand that, great.

And in the event you don't understand that: newsflash, you were part of the problem. (But that's a hypothetical, I am not trying to say here.)

It was just such practices that caused the 2007/08 global economic meltdown because they were giving mortgages to unqualified people; aka subprime.

Race should never play a factor in these decisions. It should be solely on the ability to repay the loan.

Now we are seeing lending institutions saying they are no longer giving loans to whites, because that shit ain't racist as fuck.

It's like Biden's farming subsidies that white men can not get, because they are white men.

It's also like the way Anthony Johnson's descendants qualify for reparations under all the various schemes, despite him being the sole reason the then British colonies and later the US had chattel slavery. Likewise with Kamala's family on her dad's side.

The word "slave" comes from the Slavonic (later Slavic) people who were enslaved en-masse by the Ottomans and Moors, throughout the mulsim world and Africa. This went on for far longer than the western world had slavery. I have to pay reparations to people whose ancestors enslaved my ancestors, despite my ancestors never owning slaves.

I expect people (and banks) have generally been more conservative in their borrowing (lending) since the 2007/8

You expect wrongly. It was true for a few years. But USA's current (now paused or starting to deflate) housing bubble bigger than 2008.

Which is why the drops are & will be bigger. The real meaning of "$3 trillion drop" - and it's only the beginning, of course - is "Yikes it got that big?"

USA even has places where banks lend on the basis of race ie. deliberately turning away good risks if they are white, taking bad risks if they are nonwhite.

Are you saying that Michael Bloomberg, a Democrat, isn't being completely honest about the economy?

In 2008 it was noted in the UK that only 1/3 of the housing stock is subject to any mortgage. So high mortgage rates only truly strain a relatively small portion of mortgage holders. Many of those under strain are, of course, first time buyers with little equity and tight budgets - sadly these burdens often fall most heavily there. I don't know how this reflects the current market but I expect people (and banks) have generally been more conservative in their borrowing (lending) since the 2007/8 financial crash.