Bill’s Commentary:
“Pretty much pure math at this point…”
The Meltdown of Commercial Real Estate
In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of U.S. banks.
Leaving taxpayers on the hook for trillions in losses.
The note, by senior editor James Crombie, walks us through the festering hellscape that is commercial real estate.
Bill’s Commentary:
“Welcome to America!”
BillHolter.com 
Thank you pamelamoves@gmail.com
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