Crime and Covid Set up the Next Bank Crisis
Yet another "Perfect Storm"
This week saw big announcements from major retail chains that could mean serious trouble for $11 trillion of commercial real estate, and the banks that need it.
First, Whole Food closed it’s flagship San Francisco store after just one year, citing “employee safety” — theft, violent crime, bathrooms full of needles.
Meanwhile, WalMart announced they’re clo…
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