I believe we have no trust remaining but habit commands us and the cash nexus of consumption as well up to a point. Sky High City West is crashing hard in the downtown after already losing big box on the far Westside next up in downtown after Westfield Mall is the flagship Macy’s on Union Square. Hat in hand Macy’s wants a buyer by next year to reorient their marketing to the luxury brand buyer. Maybe like the Canadian pension fund in NYC they sell their property for $1 to a bidness partner. "Who Could Be Next": Top Canadian Pension Fund Sells Manhattan Office Tower For $1, Sparking Firesale Panic.”
\Zero Hedge/ New York during the inflationary surge of the late 70s and early 80s was a mythical place where one could purchase a Park avenue penthouse for $1 (while assuming the copious debt, of course). Now, thanks to the brutal bear hug of the highest interest rates in 40 years and the ongoing CRE crisis, those legendary days have made a comeback to the Big Apple, if only in the realm of commercial real estate for now.
According to Bloomberg, Canadian pension funds - which until recently had been among the world’s most prolific buyers of real estate, starting a revolution that inspired retirement plans around the globe to emulate them because, in the immortal words of Ben Bernanke, Canadian real estate prices never go down.
I have thought the same as the Burning Platform. My deviation is I think ruling strata care enough to have the Potemkin village. Furthermore surely they care very much that you accept swift decline as the normal correction of an unhealthy economic NORMAL. Go along to get along is a universal strategy for getting ahead -until 2020. Old thought dies rarely. So knowing this the elites in power and controlling power do not care what you think about the deception, you can even know details which demand the military intervene and knowing you prefer the village and hanging with other idiots in town go on with the cull.
Look this behavior is quite frightening. Nuclear war under these circumstances maybe advantageous if the players agree on ground rules. https://www.theburningplatform.com/2024/02/27/they-dont-care-that-you-know-their-evil-intentions/
Millions of Americans accepted tyrannical COVID restrictions and orders that lasted for over 18-months in the USA, and millions are still accepting lethal injections (called vaccines and boosters) as a tide of unexplained deaths rises in all age groups.
If you “go-along to get-along” this time, it will be the end of everything you ever knew or dreamed of for your future. What’s happening in Shanghai right now will rapidly spread to the USA and around the globe, just in time for the next fraudulent elections this November.
It’s no secret that the current U.S. Government has the lowest approval rating in decades and that in any legitimate election, leftist democrats would be slaughtered in the upcoming mid-terms. That’s why something even worse than COVID 2020 must happen, in order to make it possible for leftist democrats to maintain power.
There’s no more time to sugar coat anything, or waste time trying to educate those who will refuse to be educated until there is nothing left. I will put a very fine point on our problem here, the reason why nothing is being addressed or fixed in the USA right now, and what must happen to change that dynamic.
WHY WE HAVEN’T STOPPED THIS ALREADY
Of course, there are a number of reasons, such as about 30% of Americans believing that global Marxism is better than USA Freedom and Liberty. But that’s a minority of American Citizens and in time, they can be brain-flushed to the truth about the Marxism and Communism that they were dog-whistle trained in government controlled education, news, and entertainment.
It’s the other 70% that are the real problem, and this is why…
More than 80% of Americans make all decisions strictly on the basis of how each decision will affect their personal financial status. Very few make decisions on the basis of what’s right, moral, ethical or in the best interest of freedom and liberty. Money isn’t the root of all evil. “The love of money is the root of all evil” – when you put money above everything else, including freedom and liberty.
If you think this isn’t you…then you are not being honest with yourself. Very few Americans locked down, wore a mask, or took a so-called vaccine in the best interest of their health, freedom, or liberty. Almost all who followed these unconstitutional fatal commands did so to protect their financial interests, keeping their jobs, their friends…going-along to get-along. https://ussanews.com/2022/05/25/control-your-desire-for-freedom-the-implications-of-the-zero-covid-policy-in-shanghai/
Ko-fi.com/thejournaloflingeringsanity
DISCLAIMER: The Journal of Lingering Sanity is a reader-supported publication from Old Gold Mountain (Chinese: 旧金山. We are beholden to truth not party.
Great post, I just saw this, now I don't have to do a post on this subject.
A real HARBINGER in my most humble opinion.
https://www.zerohedge.com/markets/who-could-be-next-largest-canadian-pension-fund-sells-manhattan-office-tower-1
You don't sell shit for $1 unless you can't get out, and you don't want to be stuck with the burn for upkeep, taxes, or liability
So Canadian reminds me of the $1 boats, you used to be able to buy real floating 'ships' in Canada for $1, same deal it might cost the owner $100k USD to 'junk' a boat for scrap, based removal of toxic waste, it was cheaper for an owner to just sell for $1 and make it somebody else problem
It's not really a $1 building if it comes with millions of dollars debt.
Not good for the retirement funds, hence more MAIDS.