Apr 12, 2016

Gary Kaltbaum joins the A-Team today on Mastering Money, fresh from his trip to China. Gary lets us in on what's happening over there economically--especially the fancy ghost-towns that continue to be built--financed courtesy of the government and newly printed money. No money down financing on new homes-- suddenly popping up everywhere.  Then Steve and Sinclair report on a Wall Street journal report on how E-commerce is killing the shopping mall (and shopping mall REITs)  American consumers are  increasingly buying heavier, more awkward-to-deliver-items online. They need to be delivered by muscle men.  Fed Ex and UPS can't handle it all, and truckers are having to adapt or find a different job.  In segment 4,  Steve reviews the historic bankruptcy of Penn Central Railroad