Capmark Bankrupt – Commerical Real Estate Collapse – Consumer Confidence Slides
Written by admin on January 27th, 2010
Links: CAPMARK Bankruptcy Bloomberg www.bloomberg.com October 25 news article www.earthtimes.org Consumer Confidence Slides www.cnbc.com My Blog trade-technicals.blogspot.com
Tags: Bankrupt, Capmark, Collapse, Commerical, Confidence, Consumer, Estate, Real, Slides
January 27th, 2010 at 2:37 am
i think we have just seen the tip of the iceberg on what’s coming..the best is yet to come.
January 27th, 2010 at 3:21 am
webbot is getting smarter
January 27th, 2010 at 4:00 am
Oh no!! the consumer confidence fell again!! why do i keep buying consumer confidence!!!!! I bought it in 2005 and took a huge hit. The 50, 20 and 10 day moving averages for consumer confidence seemed profitable at the time!
January 27th, 2010 at 4:24 am
great vid, keep up the great work
January 27th, 2010 at 5:04 am
state of emercency has been renued on a regular basis.>>>>>v=9CXGXw41VNA
January 27th, 2010 at 5:05 am
Nice video Derek!!
January 27th, 2010 at 5:37 am
Many reasons for falling living standards. Most important are wage suppression, increase in labour pool, and inflation. You can suppress wages by forcing people to take on credit (there are other ways). Easy credit means you don’t go to the boss for money. Think unions. Globalization means you compete with the world. Once upon a time you could drop out of school, stay stupid, and make a decent living. That’s because the cheap, stupid, unskilled labour pool was limited to the country. Low supply.
January 27th, 2010 at 6:14 am
Gold standard does not allow for lending at interest. Gold is finite. It’s the same problem with money as debt. With fiat currencies there is an unlimited supply. As long as people are willing to ignore the enormous sums of interest/debt/money the scam could go on forever.
Business in the Western world is horrendous. Inefficient, corrupt, nepotism, stupid, but most importantly debt burdened. For Asian businesses credit barely factors in when it comes to operating the business. Ask Marc Faber.
January 27th, 2010 at 7:11 am
Obama declares Swine Flu emergency, #1 real estate lender goes bankrupt and the markets fell 2% at the moment they had predicted
That is success and not fail, for this is a turning point and its not minor.
January 27th, 2010 at 7:16 am
WEBBOT FAIL! This whole Capmark Bankrupt Bankruptcy is a minor thing.
January 27th, 2010 at 7:57 am
that we are all fucked , its why shiffed and co are screaming
January 27th, 2010 at 8:37 am
Off the Miami Herald: Florida to get $200 million for ‘smart power grid’
President Barack Obama announced a $3.4 billion stimulus package to modernize the power system during a visit to a solar energy facility in Arcadia, Fla. Florida is getting $200 million.
January 27th, 2010 at 8:48 am
Derrick what do you think about the Credit Derivatives? I haven’t find anyone who will talk about this. On usdebtclock org they state that there are $589 trillion worth of derivatives. This seems like an ENORMOUS number but what does it mean?
January 27th, 2010 at 9:04 am
I think the web bots were right. Certainly about mounting tension. I think the state of emergency in the USA and suspicion over swine flu vaccine in France and in the USA, for example (these are the only two places I follow closely) is a first. The bank and brokerage web sites “under maintenance” on Sunday were not a good sign, either. There is cautious optimism in France, nonetheless!
January 27th, 2010 at 9:11 am
Me, too.
January 27th, 2010 at 9:58 am
Great informative video!
January 27th, 2010 at 10:43 am
Andreas Fuls looks like a very serious expert about Mayan history.
January 27th, 2010 at 11:31 am
Thank you so much for your comments. It has been a pleasure watching the great videos you put on your channel.
January 27th, 2010 at 12:29 pm
It was in a Dutch free news paper.
Called “SPiTS”.
they mention 2208 (so even later!), I know because i looked it up.
Andreas Fuls says that the Mayan calendar has been translated wrongly to the present GMT, so live will continu 196 years longer. The Mayan had 4 calendars, and the Spanish have burnt all written material, only thing that was left was carved in to stones scripts.
I try to send you link, but it is in Dutch language. Not sure how helpful that is.
January 27th, 2010 at 1:19 pm
The relentless banking credit crisis is in its 2nd phase. It is kicking into gear right now. Its basis is both the US domestic portfolio losses from mortgages + commercial loans, & the global revolt against the USDollar. Commercial Property decline shows values have dropped by 35% to 40% from peak. Refinance is impossible for commercial mortgages, since Loan/Value ratios went too high with valuation declines. The banking credit crisis is going global and its the isolated US empire vs the world.
January 27th, 2010 at 1:40 pm
CapMark is the tip of the iceberg as the majority of commercial mortgages are based on shorter terms which require renegotiation on 5, 7 and 10 year terms instead of 30 years as with residential – When there is a fall in equity value the banks will require the owners to make up the shortfall due to the drop value. So all these loans are coming up for renegotiation – so you will see a 100M property in 2005 be valued at 70M in 2009 so imagine a shortfall between loans of 20M+ very bad news
January 27th, 2010 at 2:00 pm
Commerical Real Estate Collapse will make sub prime look like a walk in the park. Listen to Elizabeth Warren even she said it would be bad REAL bad..
January 27th, 2010 at 2:05 pm
In my opinion the WebBot predictions are overblown. There may be some truth to the madness but I cant base my own outlook on the future by such a science. I wonder too how many more lenders will tank in the coming months!
January 27th, 2010 at 2:31 pm
I agree with that. Proverbs 22:7, “the borrower is servant to the lender.” I prefer living free!
January 27th, 2010 at 2:42 pm
Then you are part of the vast minority. The minority did not exist like this in the 50s.