‘Perfect Storm’ Could Slam Commercial Real Estate and US Financial System, Warns Economist Peter St Onge
According to economist Peter St Onge, a weakening commercial real estate sector could be a canary in the coal mine for the US.
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Banking Bunkum Continues as Half of US Banks Could Be Insolven
Nearly half of America’s 4,800 banks, according to the UK’s Telegraph on May 2, are “burning through their capital buffers.” The stock prices.