The Next Big Bubble About To Pop?

[Superlizard]

Commercial Real Estate, perhaps.

And I quote:

We're looking at something like a 3.4 trillion dollars in commercial real estate loans initiated in 2007 that will be coming due in a few years, and the owners can't get financing to cover their debt. Because of the recession real estate values have dropped, so they owe more on the property than it's worth, and they can't get it re-financed, and they can't sell it or lease it, because business sucks right now. So they're getting ready to default on it.

Hold on to yer butts.

 

[tfarny]

This has been in process for a couple of years now already, but yeah. Economy isn't going back to Clinton levels anytime soon.

 

[Watershed]

Yea, I think that's pretty much a foregone conclusion.
I personally know people in that situation, and it is bleeding them dry.
They will go belly up pretty soon.

There are still ARMS (residential) out there that haven't reset as well.

I thought you were going to say Gold though.
Treasuries could be another one.

Pretty much anything that rallies, eventually falls.
Perhaps a few exceptions, but I can't think of them.

It's a rough market out there.

 

[dbw]

Bad ass, I'm gonna buy an abandoned laundromat and ride my bike around inside.

 

[stubhead]

All those storage rooms full of 1978 Stratocasters & Gibson Melody Makers & non-original Fender amps.....

"but honey, the Wall Street Journal told me to buy them...." <>insert woman-with-raised-frying-pan emoticon</>

 

[Wyliee]

Bad ass, I'm gonna buy an abandoned laundromat and ride my bike around inside.

Why stop there?  Go for the abandoned shopping mall.  Remember Blues Brothers???