Commercial Real Estate Is The "Boa Constrictor" That Will Crush The Economy And "Force The Fed To Restart QE"

Summary: Bank liquidity may recover, but solvency issues persist due to commercial real estate (CRE) troubles, especially in the office sector. Morgan Stanley predicts a 40% crash in CRE, with significant risks ahead. A bursting CRE bubble could lead to low growth, similar to the 2008 housing crisis aftermath.