Further to my warnings on the commercial real estate sector, which is currently a great way to destroy wealth, I just came across a more detailed article.
It’s worth reading (What Brookfield’s Default Has to Do with You) HERE
Property investments, whether residential or commercial, were the game of the 20th century. Don’t get caught playing yesterday’s game.
We live in a world of failing commerce, falling demographics and collapsing standards of living. The Golden Age of pretend money and its bubble economy derivative are over.
When money dies, so do people. Gary North
It is time to be in cash – real cash – not the crumpled credit notes of a failing debt system.
Gold and/or silver, family and survival are all that you should be focused on now.