A discussion on the precarious state of the U.S. economy and the commercial real estate (CRE) sector. The U.S. national debt has reached a staggering $34.14 trillion, while the government spent $6.13 trillion in 2023 alone, contributing to a $2.2 trillion increase in debt. The CRE market is facing a downturn, with property sales volumes dropping by 63% and rising vacancies due to higher interest rates and the shift to remote work.