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The global market crash everyone sees but no one wants to talk about.

Eurodollar University

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The Divergence Between Commercial Real Estate Values and Prices

In any good Ponzi scheme, you need effectively new money to be coming in all the time. The only question is how long is China going to buy before we find out it didn't work? There's a real estate problem that spans the rest of the world, including a big one here in the U.S., yet hardly anybody wants to talk about. Commercial real estate values are being held on the books because commercial real estate is illiquid and doesn't trade,. Prices those that do trade are way, way down here.

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