The Rust Belt, the sunshine, the global economy, the evolution of high tech in a low-tech place, the highways to the suburbs, high taxes, our conservative bankers, stifling politics, recalcitrant unions, the difference between the thinking in blue-collar bars and East Side country clubs, the failure of urban renewal, the disaster of school busing...

He may be able to trick a consumer or small lender, but if anyone does a global review of his financials to include his business, it will be a wash and won't help him.I believe the entity type and structure will determine if it is pass through or not. 

I submit my global net worth, my personal Financial Statement, my purchase sale agreement, all financials operating statements (P&L), rent role, etc..  

They repossessed it and decided finishing it and running was more profitable than selling.And global changes could have dramatic effects.

Media giants ignoring this tremendous threat to the entire global economy?

Most lenders know this and are only going to loan to people who have a job that is stable.Given that we now have a global economy, and we have no manufacturing, our standard of living will go down until we start making the things we use and start exporting, or until we're below average in the world economy.Common sense isn't taught in college, but it still applies in the real world.

They will look at the global portfolio.  

Economists (not me) expect inflation will continue to rise in the months ahead toward the 2% - 3% annual pace of inflation that was in effect before the Coronavirus wreaked havoc on global economies.

Many bail Cali but the foriegn migration fills the gaps. 1/3 of global production is tech and about half of that is in the Bay area.

to me that is mogul status.along with a G 650 or Global Explorer about 3 or 4 homes in the most expensive areas of the US or around the world. in the real estate space i suspect its a short list of RE hedgefunds and Massive sized syndicators with multi thousands of doors or millions of square feet of commercial/industrial real estate.