Commercial Real Estate Bubble: Most analysts have focused a great deal on the housing bubble, but what a lot of people have overlooked is the commercial real estate bubble which has been growing. These highly leveraged properties can't sustain their debts and the government is already tapped out so federal relief may not be available. With the economy still floundering, commercial properties dependent on retail may default causing a minor crisis. While it won't have the same impact as the mortgage crisis, it will cause a ripple effect throughout the market.
North Korean Boy Bands: With the success of One Direction, North Korea's newest leader Kim Jung-Un is likely to increase his GDP by exporting a slew of young, punctual, and well disciplined young boy bands. Rumor has it that North Korea is developing a bevy of up-tempo, assexual singers-slash-dancers to woo the hearts and minds of the West including (roughly translated): The Mao-Mao Boyzz, The Dancing Singing Joyous Car Drivers, and Cultural Revolution Sexual Time Fun Gang. If their industriousness in developing nuclear weapons is any preview for these acts, watch out!
New York City converted to a federal prison: Hurricane Sandy is only the beginning and it is only a matter of time before Manhattan is in danger of being completely submerged. It is our prediction that the city will then be walled off and used as a maximum level penitentiary for the most dangerous criminals including Slag, the notorious Brain, and of course, The Duke of New York, who is now The Duke of Leavenworth, but will most likely change his name once he establishes himself in this new prison.
Four score and seven dollars an hour ... |
Adele and John Meyer: TORC doesn't have to be all hard-hitting financial information. We like the stuff the kids are into as well! We predict singer Adele and swarthy bandolier, John Meyer will eventually have a whirlwind romance and marriage this year, only to dissolve into a disastrous divorce. Bad news for Adele, but great news for her fans, who are sure to benefit from a heart-wrenching new album!
TORC Stock Watch: TORC has had a tough last quarter, but hopes to regain strength in the new year. Share price: $1.01
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