“Anticipating Death Spirals”: Here’s Why Shopping Malls Are In Worse Shape Than You Think

“Anticipating Death Spirals”: Here’s Why Shopping Malls Are In Worse Shape Than You Think:

For the past several months, we’ve written frequently about the epic collapse of the centerpiece of the 1980’s retail model: the shopping mall.  With the growth of online sales finally starting to take a toll on brick-and-mortar retailers, shopping malls have faced a tidal wave of store closures and have been forced to backfill empty square footage with everything from libraries to doctors offices (see: America’s Desperate Mall Owners Turn To Grocers, Doctors & High Schools To Fill Empty Space).

Alas, a new report from property-research firm Green Street Advisors, which analyzed 950 mall locations over 2017, 230 of which were collateralized within commercial mortgage-backed securities (CMBS) loans, the financial troubles for American mall owners might be even worse than feared due to organic tenant losses from lease expirations. 

First, just to put the mall economic model into perspective, Green Street points out that while massive department store closures tend to dominate headlines, they represent a very small portion of mall income.  The real financial losses for mall owners come via the ancillary traffic impact on national and regional tenants which pay of the majority of mall lease income.

H/t reader squodgy:

“This shouldn’t be “NEWS”.
It should be called “Fulfilled Predictions”

We’ve been predicting it for four years at least, but QE delayed it.

My question is, as expenditure on non essentials dries up, and corporate earnings, yields and reserves shrink, will they realise that the customer actually IS king, and deserves more love?”

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Leading accuser of Cardinal George Pell dies in hospital before sexual abuse case against Australia’s top Catholic cleric can be heard in court

Leading accuser of Cardinal George Pell dies in hospital before sexual abuse case against Australia’s top Catholic cleric can be heard in court

H/t reader kevin a.

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Trump Ends Temporary Protected Status For 200,000 El Salvadorans

Trump Ends Temporary Protected Status For 200,000 El Salvadorans:

President Donald Trump’s deputies are ending the often-extended ‘TPS’ temporary refugee status for up to 200,000 El Salvadoran migrants, which was first granted when earthquakes hit their home country in 2001.

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Austria: Girl(13) sexually assaulted by four Afghan asylum seekers at an ice skating dance club in Linz. Main suspect is supposed to be only 12 years old but has a beard!

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Al Gore blames record U.S. cold on climate change — then meteorologist drops truth bomb on him

Lying on orders of TPTB is very lucrative…

Al Gore’s Net Worth Goes From $2 Million To $300 Million

Many, many people who believed those global warming lies will die during the Grand Solar Minimum.

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Al Gore blames record U.S. cold on climate change — then meteorologist drops truth bomb on him:

Al Gore took to his Twitter account last week to blame the recent record cold snap on climate change. But he was sharply rebuked with facts by a famed meteorologist.

What did Gore say?

Gore tweeted the link to an article stating that bitter cold is exactly what should be expected from man-made climate change.

The article was written by Dr. Michael Mann, a professor of atmospheric science at Penn State University. Mann argues that heavy lake effect snows this year near the Great Lakes are a sign of global warming because the warming temperatures cause the lakes to stay warmer longer therefore producing more snow. He also argued that despite the recent cold snap, the U.S. has seen many more days of very above normal temperatures than very below normal temperatures over the past several years.

He also argued that despite the central and eastern U.S. being locked into an arctic cold pattern for more than a week, the western U.S. and much of the rest of the world has been warm. Mann also blamed last week’s major east coast snowstorm on warmer-than-normal ocean water.

These allegations, however, are more narrative and opinion rather than fact, according to meteorologist Joe Bastardi.

What did Bastardi say?

Read moreAl Gore blames record U.S. cold on climate change — then meteorologist drops truth bomb on him

Iran FM warns neighbors against fomenting unrest

Iran FM warns neighbors against fomenting unrest:

TEHRAN, Iran (AP) — Iran’s foreign minister on Monday warned neighboring countries against fomenting unrest after anti-government protests roiled the country over the past two weeks. The remarks by Mohammad Javad Zarif at a security conference in Tehran echoed previous allegations by Iranian officials, who have blamed the violence that accompanied some of the protests on the United States, Israel and Saudi Arabia.

H/t reader squodgy:

“Wouldn’t it be more appropriate if the Pentagram “STAR” on the flag were inverted, signifying evil, or even changed to a Hexagram, six pointed star, signifying who actually runs America?”

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Leftist politician wants migrants to ‘replace’ Italians on island of Sardinia

And why not? Let’s give those migrants the best places.

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James Sears – Your Ward News: Battling Canadian Marxism with Humor (Video)

FYI.

Adolf Hilter has been a Freemason and an Illuminati puppet.

A lot of info about Adolf Hitler (above and below!) this article:

Freemason and Illuminati puppet Adolf Hitler married a Jewish woman: DNA tests ‘show Eva Braun associated with Ashkenazi Jews’

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https://youtu.be/5c87ttHZIBA

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Austria: Indictment against an Albanian man(18) for concrete terror plans in Vienna. He tried to get a boy(12), to do a suicide bombing in Germany. It was only prevented because the boy failed to trigger the nail bomb at a Christmas market.

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Germany: Organized resistance to determine age of refugees by leftist doctors “Physician’s initiative for refugee rights”. They threaten to refuse state orders.

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