Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “commercial real estate”

New York Markets Crumbling

Zohran Mamdani, the Democratic Socialist Mayoral candidate for New York City, hasn’t even been elected, and already the city is showing pronounced signs of crumbling. This radical with his wack-a-doodle proposals to cripple capitalism is driving the New York real estate market into the tank.

Commercial as well as residential landlords are looking to flee the city, and take their cash reserves with them, wherever they might land. New York City appears bound to become a new mausoleum of disease and decay, as crime skyrockets and job opportunities vanish.

Here, Glenn Beck describes the building panic. He digs into the socialist views of Mamdani. He also examines previous cities, like Seattle under Kshama Sawant, that elected similar nutballs. In these cases, the cities ended in the dumps. Here’s more from Blaze TV.

 

It’s 2028: Hail The Squad!

Just when you thought the Democrats couldn’t get any more Looney Toons, they up and nominated a card-carrying Marxist to become the next mayor of New York City. Now, President Donald Trump is raising the ante, by identifying his primetime Democratic Presidential ticket for 2028.

He places U.S. Rep. Jasmine Crockett of Texas as the presidential standard-bearer, with Alexandria Ocasio-Cortez as vice president. He says three other Squad members can be cabinet officers — Ilhan Omar, Rashid Tlaib and Aynna Pressley.

Finally, all these hot chicks need a male stud to help balance their ticket. That’s where the Marxist prodigy Zohran Mamdani factors into the equation. Here’s more from Benny Johnson.

Meanwhile, in New York City, stock shares in local real estate companies already took a dive on Thursday as the market dimly viewed the idiotic, Pop Tart Communist who the New York Democrats embraced.  Look for this slide to turn into a plummet if it appears Zohran Mamdani will get elected.

We feel sorry for the blue collar workers who will be negatively impacted by the rich, chi-chi socialists, the idiots like Jane Fonda, backing this bum Mamdani. At the same time, some good might emerge if New York City totally tanks, losing its financial markets as well as many businesses. Should discourage other cities from going down this same asinine and hideous road. Here’s more from Tim Pool.

Brace For A Deep Recession

Join Greg Hunter of USAWatchdog.com https://usawatchdog.com/ as he goes One-on-One with money manager and investment expert Ed Dowd, as he talks about gold, the US dollar and the report called “Danger of Deep Worldwide Recession in 2025.”

Dowd also talks about housing prices and the immigration crisis that Joe Biden initiated. He says unemployment is higher than the statistics suggest, even more under Biden who regularly issued fraudulent numbers.

Watch For Bank Failures Ahead

One of the better trend forecasters around, Gerald Celente, is predicting some truly dark times ahead.

He says commercial real estate market has been in the doldrums ever since the Covid-19 pandemic, and now is pushing a critical state. Instead of three banks failing, he believes we could see scores of banks go down over the months ahead.

“No one is ready for what’s coming in the next few months,” he says. Celente, the publisher of The Trends Journal, is interviewed by Clayton Morris on Redacted News.

Is Your Bank Next?

Taylor Kenney uncovers the alarming reality of U.S. banks hiding over half a trillion dollars in potential losses, setting the stage for a widespread financial crisis. With parallels drawn to the Great Depression, Kenney reveals hidden vulnerabilities in the banking system, masked by accounting rule changes. Download the shocking chart and stay prepared for the looming financial storm. Here’s more from ITM Trading.

On Cusp Of Global Meltdowns

We are entering a period of dangerous economic reversals. Major meltdowns will take down many banks as well as much of the commercial real estate market.

The resulting tremors will be felt through the entire economy and could spark upheavals and revolutions in major cities worldwide. More from Michael Jaco, former CIA officer.

Real Estate Flatlines Economy

A shaky real estate market is beginning to flatline banks and could lead to a widening economic crisis.

That’s the assessment of John Rubino, who explains the dangers we face, especially those rooted in a depressed commercial real estate market. He sees a possible bloodbath in the making. Rubino offers his analysis on Greg Hunter’s  USAWatchdog.com.

New York City Dead Forever

A massive increase in violence and real estate vacancies has sent New York City spiraling into an abyss that it may never recover from. At least that’s the dismal outlook from former hedge-fund manager James Altucher.

The five-month-plus coronavirus lockdown and the ridiculous defund the police debacle in the city has sparked a 176 percent rise in shootings and violence, and in turn an enormous downturn in real estate vacancies–122 percent decline, to be exact, and more than 13,000 empty apartments!

Altucher, a lifelong New Yorker, says 30 to 50 percent of New York restaurants are already out of business and are not coming back and most corporate companies in usually bustling midtown are mandating their employees work remotely. “This completely damages not only the economic ecosystem of New York City–the restaurants, transportation, office buildings, commercial real estate–but what happens to the tax base when all of your workers now can live anywhere in the country, even the suburbs.” Here’s more of the gloom and doom for the Big Apple with Altucher and Fox News anchor Stuart Varney.

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