kind of
after the 08 crash, wal street decided that the next thing would be
residential rents
the fed keeps the stock market up so that the "stakeholders" can buy up
the entire economy
On 12/9/21 3:12 AM:
Interesting to talk about the real estate industry which seems to be
forever booming.
Isn't Black Rock just having money printed to buy up everything from
everyone so that we own nothing but be happy?
Tuesday, December 7, 2021 11:06 AM
https://www.brighteon.com/e5f28b95-5ed3-4b58-b9ac-9b09dbc21519
now there's Sunshine 100
*Sunshine 100 China Holdings Defaults On SGX-Listed Bond Payment*
/December 5, 2021/
/CHINESE developer Sunshine 100 China Holdings has defaulted on
US$178.9 million of debt and interest payments due Sunday (Dec 5), as
the direct fallout of the woes of property companies in China
continues to impact investors in Singapore./
/Sunshine 100 was due to repay the US$170 million of principal and
US$8.9 million of interest on its 10.5 per cent senior notes due 2021,
which is listed on the Singapore Exchange (SGX)./
/But in a bourse filing on Dec 5, the company said it is unable to
meet its debt obligations on the bonds