Mall Vacancies Hits 6-Year High

A simple Google search of “malls in default”, “mall closing”, or the evergreen “retail apocalypse” will result in a bleak list of dozens of mostly midwest and western-USA newspaper and journal stories with headlines like Rushmore Mall facing foreclosure, $100M in upaid loads or Another one bites the…

IRD: “The System Will Have To Collapse”

Via InvestmentResearchDynamics.com, The public pension fund system is approaching apocalypse.  Earlier this week teachers who are part of the Colorado public pension system (PERA) staged a walk-out protest over proposed changes to the plan, including raising the percentage contribution to the fund by current payees and…