generates
A Simon Property Group Mall Generates Largest Loss Ever for Retail CMBS
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How the Brick & Mortar Meltdown works for Commercial Mortgage-Backed Securities after America’s largest mall landlord defaults on a mortgage and walks away from the mall. The dust has settled and the numbers have emerged: A …
Scientists Develop Wave Energy Device That Generates Low-Cost Electricity
By Tsvetana Paraskova Engineers from Scotland and Italy have developed a new wave energy technology that could generate low-cost electricity for thousands of homes. Engineers from the University of Edinburgh and from several universities in Italy have designed, developed, and tested a …
The root of the debt crisis: every $1 in debt generates just 44 cents of economic output
by Simon Black Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy …