saddled Archives - Citizen Watch Report

Pop quiz, Millennials & Gen-Zs: who do you think is going to be saddled with the mountain of debt?

August 1, 2023 10:45 am

Ok, this is the 'scary chart of the week' floating around, interest payments. Q2 2023 interest of $969.9B on $31.5T of debt. Yellen's outfit just announced another $1 trillion of new debt by end of Q3. Maybe the problem is …

The wipeout of CRE valuations is going to be epic. Banks, PE locusts, & pension funds saddled with the toxic-waste CMBSs on these buildings are toast.

July 20, 2023 10:11 am

CRE Panic Hits Baltimore As Second Office Tower Dumped At 69% Discount https://t.co/MyjQjAISAQ — zerohedge (@zerohedge) July 20, 2023 On Tuesday, we asked: Is this the start of a commercial real estate firesale in crime-ridden Baltimore City? And to our surprise, …