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Thursday, March 16, 2017

Empty shopping malls are springing up in USA! The real economy is not doing well.

The real economy in USA is not doing as well as projected on wall street.  QE only helps to propel wall street but not main street.  Empty shopping malls have started to spring up in USA which depicts the real economic situation. Commercial mortgage-backed securities (CMBS) have also started to default significantly and commercial reits' prices have fallen.  Mortgage-backed Securities (MBS) are worse than 2008 (lehman bros' collapse) now and will explode anytime in USA.  If China investors pull out of USA commercial properties, it will have a huge ripple effect that will cripple USA economy.  This recession will be worse than in 2008.

1 comment:

Eric Ho said...

Fed has given a warning for US real estate industry. Better watch out!