Warning signs are brewing in the commercial property market, and contagion is already beginning to spread to Europe. Are we seeing the CRE version of the Financial Crisis?
Wouldn’t the fed cutting rates work against their fight with inflation? Especially since it’s still not under control. Might as well let this shit ride and blow up than making money worth less and less for everyday Americans.
Then again, when banks lose, everyone loses since they are ok with socializing losses. Capitalism is failing.
I'm both a beneficiary and a former director in the superannuation industry. Here in Australia it is mandatory contributions from workers. So, we have massive fund balances mostly drawn upon from government to fund not only the superannuation /pensions of the workforce but also to fund political promises. Much of which is invested in CRE. What comes next should be obvious.
To draw the spotlight to being a beneficiary, I accept that Defined Benefit (DB) pensions will be unpayable into the future so I have hedged that with gold. Your previous post explains why. But for those unprotected, it is something worth considering. Nobody is safe.
Wouldn’t the fed cutting rates work against their fight with inflation? Especially since it’s still not under control. Might as well let this shit ride and blow up than making money worth less and less for everyday Americans.
Then again, when banks lose, everyone loses since they are ok with socializing losses. Capitalism is failing.
I'm both a beneficiary and a former director in the superannuation industry. Here in Australia it is mandatory contributions from workers. So, we have massive fund balances mostly drawn upon from government to fund not only the superannuation /pensions of the workforce but also to fund political promises. Much of which is invested in CRE. What comes next should be obvious.
To draw the spotlight to being a beneficiary, I accept that Defined Benefit (DB) pensions will be unpayable into the future so I have hedged that with gold. Your previous post explains why. But for those unprotected, it is something worth considering. Nobody is safe.