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Billionaire CEO sees $1 trillion in commercial real estate defaults coming for ‘very, very ugly market’ over next 2 years
Yahoo ^ | January 22, 2024 | Will Daniel

Posted on 01/24/2024 8:40:29 AM PST by george76

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To: alexander_busek

Thanks, that’s the problem with the obvious, people tend to ignore it in this case.


41 posted on 01/24/2024 10:41:30 PM PST by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: alexander_busek

Couple of reasons:

The CCP has control over it. I’m sure we can agree that that isn’t good.

https://www.washingtontimes.com/news/2021/nov/2/losing-strategic-control-of-the-panama-canal-to-th/

Lets say that California got 40% of the shipping traffic coming into the country. There’s no way that the Panama Canal would be able to deal with that increase in traffic in an efficient manner. It would be overwhelmed with ships just sitting at anchor, like they were during covid, waiting to be told when to enter. With the CCP controlling all of it.


42 posted on 01/26/2024 9:19:36 AM PST by qaz123
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