Comments on: Commercial Real Estate Reality Check: 2007 Commercial Real Estate Valued at $6.5 Trillion with $3.5 trillion loans. Today, Commercial Real Estate Valued at $3.5 Trillion with $3.5 Trillion in Loans. Can you spot the Problem?

By: Terry

Terry — Tue, 24 Nov 2009 15:53:26 +0000

The US economy will be spiraling out of control in the coming months and will reach critical point by the end of the 1st quarter 2010 and implode by the 2nd quarter.

The truckload trillions, “aka dollars stimulus” has failed to turn the economy around. We’ve come to a tipping point and the economic patient is about to flat line. I hear a code blue…

There will be the greater wave of foreclosures in residential and more importantly commercial properties by the end of December and early 2010. All of these foreclosures will accelerate price deflation once they come through the pipe. Commercial property values will continue to decline and the balance sheets of banks will continue to erode.

Given the above situation, will the Fed continue to buy mortgage-backed securities to prop up the markets? The Fed has already spent trillions buying toxic mortgages with no potential buyers in sight. Will the Fed continue to pursue buying mortgage backed securities? How about the CMBS market? The Fed’s balance sheet is more toxic than the “too big to fail” banks that it rescued.

There are no green shoots and it doesn’t make any sense to assert that the worst is over and that we are on the road to recovery.

By: salome

salome — Mon, 23 Nov 2009 03:34:57 +0000

morphed—i love it ! tell the banks you’re takin’ your bailout–lol !
but same as yerself and common sense—stock up on what you CAN,little by little –get together with like minded folk,network,pay attention and pray.
aaaaaand of course get viable candidates petitioned/on the ballots and vote THEM ALL out 2010–yeah,all of them–WHY are they wasting our time with all this dimOgenic sheiss ? they constructed the fuel “shortage” and mortgage meltdown etc etc and now this bs for health “care”
what happened to the 47million shmoes that SUPPOSEDLY are uninsured…and sure—-billions to insure them aaaaaaaand it’s such a crisis and emergency that it doesn’t kick in till 2013???? right.
this is simply anothEr scam/slush fund.

hey,with so many unemployed and needing to be kept occupied –this is a wonderful opportunity for many.
GOOD LUCK !

By: Mr Morphed

Mr Morphed — Sun, 22 Nov 2009 18:23:44 +0000

This looks like a hellova mess.. Max the credit cards, buy supplies and hold on.. Tell the banks you are taking your bailout and ..bailout. Don’t pay them back, put no trespassing signs up and tell the banks any collectors will be met by extreme force. It works for me, they will quit calling quickly if you let them know you are not to be messed with and when the collector asks for the money, turn the tables and ask them how they can justify working for the monsters they do.

By: WT

WT — Sat, 21 Nov 2009 23:08:28 +0000

throw the bums out mid election; the one’s who’ve allowed this distruction of our economy and theft of our hard earned savings.