Word: commerciales
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4) And for heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are...
Funny he should mention that word. There is currently $3.5 trillion in outstanding commercial real estate debt, with much of it related to properties purchased at exorbitant prices during the real estate boom that ended in 2007. Many private equity players and hedge funds used heavy leverage - borrowing up to...
The vultures are circling, waiting for commercial real estate corpses.
Though shipping is still the most resource-efficient way to move containers, large ships use some of the dirtiest fuel on the planet. Ships' bunker fuel is a thick, black sludge leftover from the refining process and has about 2,000 times the sulfur of regular diesel fuel. When bunker...
Alternatives offered up by the Augustine committee include stimulating a competitive commercial space industry in hopes that it might eventually result in lower launch costs. In deciding which direction to go, the Augustine committee warned of "perpetuating the perilous practice of pursuing goals that do not match allocated resources."