Relevant:
- The Canary In Big Blue's Mainframe: Why IBM's Q3 Bust Marks A Turning Point | David Stockman
- The Cult Of Central Banking Is Dead In The Water | Stockman
- 'Miracle' needed to save the world, because central banks can't - Gor
- David Stockman: Blame The Fed!
- Corporate Bonds Are The IEDs Of Monetary Central Planning: They Will Be Exploding Along Wall Street Soon | David Stockman
2014-06-21 — davidstockmanscontracorner.com
``Why is it so easy to build a 550 store retail emporium on operating leases? The answer is financial repression. Mall owners have enjoyed "cap rates" on their debt capital (most of their investment) which has been far below market clearing levels every since the Fed launched into monetary central planning and interest rate pegging.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.