The $1.2 Trillion Debt Bomb at the Center of the US Economy | Facts Matter
Update: 2024-08-15
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Right now there is a debt bomb at the center of the U.S. economy, with commercial real estate in this country in total free fall. 🇺🇸 Epoch Times 25¢ Sale: https://ept.ms/RomanSale1
Visit any mainstream commercial building here in New York: On the ground floor you have restaurants, Starbucks, boutique bakeries, and so on, and it looks nice. But go up the elevator, and you'll find floor, after floor, after floor, after floor of emptied-out office space.
No companies. No employees. No workers. No nothing. Just a giant loan from the bank that no longer has any rental income to support it.
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