My dear impertinents, dear impertinents,
This week, in the latest news from the eco attic, I invite you to see together why all the old signs on the market and well known to all of us are collapsing almost simultaneously.
I also suggest that you discuss the implications for commercial real estate, as well as for investments such as SCPIs, without forgetting the obviously disastrous impact on retail employment.
We will see the demise of all zombie businesses and those involved in commerce were undoubtedly the weakest of all, weakened by the closure of so-called ‘non-essential’ businesses.
This decline in the zombie economy is obviously linked to the tightening of financing conditions and the rise in interest rates.
Many companies will not survive a large increase in energy and electricity combined with a massive rise in interest rates.
It’s already too late, but all is not lost.
“Insolentiae” means “impudence” in Latin.
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