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Inflate the Swimming Toys Not Your Assets

Martinka Consulting

His assets are mostly real estate and it’s easy to appraise real estate. They can’t inflate their real estate assets because banks will get an appraisal. Cash flow is, however, the tricky one. The questions: How could this happen? Why did this need to (supposedly) happen? This one seems easy.

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Financial Shenanigans Versus Incompetence

Martinka Consulting

Sometimes it’s because they’d sooner “play” with their product than worry about the numbers and often it’s because they’re doing so well it becomes “management by checkbook,” as in, there’s plenty of money so who cares about cash flow, metrics, etc.

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Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?

MishTalk

You can’t predict how the bursting of a Chinese real estate bubble plays out because it plays out in very small steps,” said Joel H. Rothstein, a partner in the Beijing office of the Paul Hastings law firm who specializes in Asian real estate. Here we are again, in another slowdown.

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Sam Zell Warns Recession Coming, Provides Opinions on 22 Topics Including Fed Tools, Equities, Real Estate, Energy, China, Brazil, Mexico, Climate Change

MishTalk

Zell discussed a wide variety of topics from the Federal Reserve rate hike, the risk of a near-term recession, real estate, energy, and various foreign investment ideas. It's an extraordinarily badly managed you know entity. And it's, you know, it's a little bit like real estate. It's still growing. KELLY: Right.

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Chinese Malls Hit With Low Traffic, Rising Vacancies, Plunging Rent, Massive Overcapacity

MishTalk

Add poorly managed properties into the equation and the empty malls aren't much of a surprise. Less foot traffic means cash flow of mall owners and developers are getting squeezed - a potential hazard for an economy growing at its slowest pace in decades. Major listed mall operators are also feeling the pain.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Patrick Housing Crash News Top Housing and Commercial Real Estate News. Bay Area Real Estate Trends. Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate.

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

It could represent a hidden vulnerability, especially if backed by domestic currency cash flows derived from overextended sectors, such as property, or used for carry trades or other forms of speculative position-taking. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.'