Consolidation: $1.5 Trillion Collapse of U.S. Commercial Real Estate? CCP Bans Leaving Country. Inflation or Bank Failure?
jasonpowers.substack.com
Note: Not a financial advisor.
Commercial real estate rested on broad activity in downtown urban centers, who, are primarily operated by Democrat regimes. Think: Seattle, San Francisco, Chicago, New York, Washington, D.C, Philadelphia, and so on. So what happens when one incentivized stay-at-home remote work during COVID plandemic, destructing smaller businesses, first through no traffic, then Floyd riots, and thereafter, putting all the smaller concerns out of business, thus giving no one a reason to want to go downtown? (No shops to shop, higher crime rates, no cops or prosecutors that give a damn about the law, and no reassuring ambiance either, whether day or night?)
Commercial real estate collapses as well. (And one figures big players - BlackRock, Blackstone, CCP, et.al - are gonna snatch these up these highly destressed assets, that might be a steal, or is apart of the larger destruction of the United States. When an office building at $300M is on the block for $60M in San Francisco, this is an issue. Of course, this could be to drum up a bidding war. (WSJ, Archive link)
Meanwhile, Beijing is also implementing exit bans - barring people from leaving the country, including foreign executives, Reuters reports.
Scores of Chinese and foreigners have been ensnared by exit bans, according to a new report by the rights group Safeguard Defenders, while a Reuters analysis has found an apparent surge of court cases involving such bans in recent years, and foreign business lobbies are voicing concern about the trend.
Consolidation: $1.5 Trillion Collapse of U.S. Commercial Real Estate? CCP Bans Leaving Country. Inflation or Bank Failure?
Consolidation: $1.5 Trillion Collapse of U.S. Commercial Real Estate? CCP Bans Leaving Country. Inflation or Bank Failure?
Consolidation: $1.5 Trillion Collapse of U.S. Commercial Real Estate? CCP Bans Leaving Country. Inflation or Bank Failure?
Note: Not a financial advisor.
Commercial real estate rested on broad activity in downtown urban centers, who, are primarily operated by Democrat regimes. Think: Seattle, San Francisco, Chicago, New York, Washington, D.C, Philadelphia, and so on. So what happens when one incentivized stay-at-home remote work during COVID plandemic, destructing smaller businesses, first through no traffic, then Floyd riots, and thereafter, putting all the smaller concerns out of business, thus giving no one a reason to want to go downtown? (No shops to shop, higher crime rates, no cops or prosecutors that give a damn about the law, and no reassuring ambiance either, whether day or night?)
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Commercial real estate collapses as well. (And one figures big players - BlackRock, Blackstone, CCP, et.al - are gonna snatch these up these highly destressed assets, that might be a steal, or is apart of the larger destruction of the United States. When an office building at $300M is on the block for $60M in San Francisco, this is an issue. Of course, this could be to drum up a bidding war. (WSJ, Archive link)
PBD’s podcast at 8:25 notes a $1.5 trillion to $3.0 trillion commercial default collapse is coming. Zero Hedge noticed this as well a few weeks ago.
CCP: You No Leave Town Foreigner With Our Data!
Meanwhile, Beijing is also implementing exit bans - barring people from leaving the country, including foreign executives, Reuters reports.
Welcome to the Hotel China-fornia!
Ed Dowd Tweet
Welcome to the Early Innings of The Great Depression 2.0
Bank Failures will escalate if FED behavior persists. Well the FED caused this with ZIRP for a dozen plus years. But, they are in an interest rate trap will either: have Banks fail through higher interest rates (bonds); or printing more dollars that will create even more inflation, making your dollars worthless.
GOVERNMENT IS THE PROBLEM. Make federal government and central banks fail. AND don’t replace them with NEW WORLD GOVERNMENT.
We know what works. No FED. No Central bank. No banksters. Limited Government.