🚨IMPORTANT: US Banking Crisis Will Start Soon As 50%+ Commercial Property Fire Sale Begins

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Lena Petrova

Lena Petrova

15 күн бұрын

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Пікірлер: 719
@lenapetrova
@lenapetrova 14 күн бұрын
Thanks for watching! Follow on X(Twitter): twitter.com/Lena_PetrovaOnX and Rumble:rumble.com/c/LenaPetrovato stay updated!
@JM-si8xr
@JM-si8xr 14 күн бұрын
We will see many loans default and cause many more bankruptcies!!
@KS-gt9up
@KS-gt9up 14 күн бұрын
Make a video on Saudi Arabia didn't renewed the petro-dollar agreement with USA which ended on 9th June 2024
@hundrethnameofalli
@hundrethnameofalli 14 күн бұрын
war economy!
@ottomanstamper7609
@ottomanstamper7609 14 күн бұрын
Lena could you help me out please. I don't know huge amounts about debt and insolvency but my initial reaction is that the deal is a scam! What possible incentive is there to sell a comercial property for less that the value of the outstanding mortgage (if you are not involved in some "off the books" deal, where you benefit from the "buyer" getting the property at a reduced cost?)? If you know that you owe money on a property where there is no possibility of getting out without a loss; I would expect that making a deal with whoever you borrowed the money from in the first place would be the best option (discounting covert background deals); after all since you are still going to be liable for the shortfall, how do you benefit from saomeone else getting the property at what it's true market value is?
@cardmansales9376
@cardmansales9376 13 күн бұрын
READ THIS! look into the toxic auto loans crisis, also the massive gold deposit just found. gold will crash as well
@jjh8299
@jjh8299 14 күн бұрын
As President Putin said recently the US economy is not near as strong as they want people to believe. It is in reality a house of cards.
@MusehanaH
@MusehanaH 14 күн бұрын
In tatters - Ursula von der Leyen 😬🫣
@livinglifetothefullest22
@livinglifetothefullest22 14 күн бұрын
More a house build out of AIR😂😂😂😂😂 it wil vaporate just like the wind!🌬🌬
@L98fiero
@L98fiero 14 күн бұрын
Don't worry, Biden will paper the problem over until after November, he might even get to the end of the year, just for appearance sake, but it's a damned big hole he's dug.
@longkesh1971
@longkesh1971 14 күн бұрын
With 123% of GDP in national debt, our government won't be able to do much in the future without raising taxes. Out future is not looking too good.
@markphillips9822
@markphillips9822 14 күн бұрын
My future looking GOLDEN wink wink​@@longkesh1971
@ScottLarry-fk5pn
@ScottLarry-fk5pn 11 күн бұрын
The distress for banks was a farce; what we have experienced in the past 2 years is a result of a system that has worked incredibly well. The Fed just had to tighten credit to cool the economy.
@WhitneyRoss-dj4rf
@WhitneyRoss-dj4rf 11 күн бұрын
What about the Fed lending program for banks that was said to ease financial tensions after the domino effect from Signature and Silicon Valley bank?
@ScottLarry-fk5pn
@ScottLarry-fk5pn 11 күн бұрын
@@WhitneyRoss-dj4rf Yeah, that sufficed, but what really helped the economy was rising immigration that helped even out the mismatch between open jobs and people looking for work.
@LeahLewis-ny9iu
@LeahLewis-ny9iu 11 күн бұрын
I agree. Rising productivity is manna for central banks, allowing faster growth without inflation because each hour of work yields more goods and services at the same cost.
@OliverLiam-px3vx
@OliverLiam-px3vx 11 күн бұрын
I’m indifferent. All I really do care about is what assets and securities will drive the Santa Rally? It is upon us, folks. I have a $100k portfolio, and I have a friend who has grown theirs to over 30% with the recent rallies. He is up 4% this month alone!
@ScottLarry-fk5pn
@ScottLarry-fk5pn 11 күн бұрын
I might sell to the tune, but not without the approval of my broker as usual since 2022. With eyes and ears on Wall Street, I have raked in 140% on a managed portfolio currently worth $315k run under a hedge fund by Desiree Ruth Hoffman.
@kennetharntson5912
@kennetharntson5912 13 күн бұрын
Got out 15 years ago. I am one of the few who did what he said what he would do. When Obuma was elected, I sold my home and moved to Thailand. Every morning as I read the news about America I have to smile knowing I was right 15 years ago.
@howiescott5865
@howiescott5865 13 күн бұрын
I got tired of eating kao phat so I came back... and it's too hot there.
@treaty8631
@treaty8631 13 күн бұрын
Lololol​@@howiescott5865
@wisdomcards7695
@wisdomcards7695 13 күн бұрын
When Uncle Sam cuts the social security entitlements and banking etc, the Thais won't be so friendly to you. Suddenly you won't be fawned over
@jackduras6238
@jackduras6238 13 күн бұрын
while getting massage,by beautiful Thailand girl?
@mikes.2471
@mikes.2471 13 күн бұрын
My home here in the US gone up 3x since 15 years ago...same thing for the S&P 500 since the GFC. Maybe it's near time to start cashing out in a few years when the bubble burst.
@matturner8
@matturner8 13 күн бұрын
The ongoing banking crisis is far from reaching a resolution. Those with more than a decade of experience understand that credit crises do not dissipate within a mere two weeks. It's amusing to witness some people believing that everything has already concluded so swiftly. We are currently witnessing a credit contraction that will inevitably result in a substantial overall contraction.
@MarkGrimm8
@MarkGrimm8 13 күн бұрын
Over the years, I have learnt not to trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor and it has been paying off. No major loss recorded since 2019 i started, I'm never going back to banks full time.
@ritalorrigan
@ritalorrigan 13 күн бұрын
I diversified my 62K portfolio across multiple market with the aid of same Investment-Adviser & I have been able to generate over 356k in net profit across high dividend yield stocks, ETF and bonds in few months.
@JordanPortales
@JordanPortales 13 күн бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@ritalorrigan
@ritalorrigan 13 күн бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
@JordanPortales
@JordanPortales 13 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@ericstockler2353
@ericstockler2353 14 күн бұрын
THE U-S-A GETS WORSE EVERYDAY!!!!
@bernkoh343
@bernkoh343 13 күн бұрын
Because people selected the stupid to run the country.
@howiescott5865
@howiescott5865 12 күн бұрын
Leave ... just for awhile and see how others live in Russia, China, Cuba, Venezuela, South Africa... Then tell us what you think.
@kennetharntson5912
@kennetharntson5912 12 күн бұрын
@howiescott5865 Howie, I sold my home and moved my family to Thailand and guess what? The standard of living, the infrastructure and naturally the cities are superior to the U.S.A. inflation went up 10 % over the last 3 years but then the cost of living was 50 % less than America before COVID , so now 40% less.
@GibsonJames-gr3on
@GibsonJames-gr3on 13 күн бұрын
I miss the post Pandemic Mortgage rates, those were good times ! The market correction has been massive and with the impending recession it seems like things are only going to get worse.
@cherylhills3227
@cherylhills3227 13 күн бұрын
You can say that again! I have pity for people who spend above 50% of their take home on rent, to think that things aren’t really looking up for the economy and inflation is driving the average cost of living to insane highs, a lot of people might not be able to get through the coming phase.
@John-ww2fv
@John-ww2fv 13 күн бұрын
Well that’s why financial literacy is really paramount, as much as the market can be quite unpredictable and a lot of variables have to be considered while making decisions, one still has to be aware of the basic principles that govern these things in order to avoid obvious pitfalls.
@TheRothschild770
@TheRothschild770 13 күн бұрын
True, personally I work with an expert financial planner, been with him for years and he saw most of these things coming. Working with him has been the best decision of my life! He Adviced me to buy a Condo in Tampa for $100k in 2020, as of 2022 it was worth almost $200k, and he helped me structure the fin-plan to pay it off, now it’s paid off.
@TheDuke792
@TheDuke792 13 күн бұрын
Oh Nice! What’s his name and how can one contact him.
@MichaelSaito-fq9gz
@MichaelSaito-fq9gz 13 күн бұрын
ERIC PAUL ELMER, really smart guy with a contemporary approach to the market and a warm personality.
@Snownam227
@Snownam227 14 күн бұрын
A total collapse is coming, abandon the ship !
@invoxicated
@invoxicated 14 күн бұрын
The end is near....the end is near. Grab your ankles and spread your rear.
@class1188
@class1188 14 күн бұрын
That ship has already sailed (we cant abandon average JOs)
@vaska1999
@vaska1999 14 күн бұрын
Eventually, yes. I just hope that it won't come all at once, so that people can get used to the new reality gradually and adjust.
@thesurvivalist.
@thesurvivalist. 14 күн бұрын
Abandon the cities!
@ericstockler2353
@ericstockler2353 14 күн бұрын
ABANDON SHIP TO WHERE????
@arcanoime
@arcanoime 14 күн бұрын
This is why, five months ago, companies were trying to force the end of remote work in a last-ditch attempt to avoid this tragic scenario
@solaroid4442
@solaroid4442 14 күн бұрын
It's not tragic. Remote work is awesome.
@arcanoime
@arcanoime 14 күн бұрын
​@@solaroid4442 The tragic scenario I was trying to address is the collapse of the stock market due to bad office loans
@arcanoime
@arcanoime 14 күн бұрын
@@solaroid4442 The tragic scenario I was trying to address is the collapse of the banks and stock market due to bad office loans
@robtherub
@robtherub 14 күн бұрын
This why youtube adverts keep telling me to get into commercial real estate, because its crashing. When I'm watching anti war videos on the genocide of Ukranians by the US proxy war youtube adverts adevertise Ukrainian women to me in the break. KZbin ads are evil.
@user-ge7ll3km3p
@user-ge7ll3km3p 14 күн бұрын
Buy commercial real state and live in it😂
@mattrodger7097
@mattrodger7097 14 күн бұрын
@@lilblackduc7312Alphabet Inc. is definitely not our friend
@marcmcreynolds2827
@marcmcreynolds2827 13 күн бұрын
There wouldn't have been the millions of Russian deaths in WWII if they had just let Germany invade and take control. Funny how people think sometimes.
@ewanhill677
@ewanhill677 13 күн бұрын
I find the Ukrainian women ads particularly sickening 🤯
@jdoedoenet
@jdoedoenet 13 күн бұрын
@@ewanhill677 Agreed. It's basically because there are so few Ukrainian men left alive now. It's an atrocity...
@user-dl7kp2fn4b
@user-dl7kp2fn4b 14 күн бұрын
I don't need banks. Goodbye banks! I hope the corrupt Fed doesn't corruptly bail any of you out!
@SagittarianArrows
@SagittarianArrows 14 күн бұрын
Can't no money, ran out of ink
@briansimon8969
@briansimon8969 13 күн бұрын
Yep they really went bankrupt in 2008. But they just said nah, write that off and here’s more money
@wh4uf
@wh4uf 13 күн бұрын
When all the lawmakers former and present have their ill gotten gains are stuck in the banks they will do anything to save them. Nothing is off the table including going to war.
@dobo1873
@dobo1873 13 күн бұрын
They can't...who will buy those bonds BRICS nations??😊
@timgibson3754
@timgibson3754 13 күн бұрын
heartless
@johnlwhite6848
@johnlwhite6848 14 күн бұрын
This kind of things happen when we have a government that is not there to serve the people but themselves. We need term limits for all officials even the appointed ones
@44251
@44251 14 күн бұрын
Definitely 🎯
@class1188
@class1188 14 күн бұрын
NO THEY SERVE WEALTHY ALONE!!!
@joylarson9040
@joylarson9040 14 күн бұрын
We need a new country. 8:58
@mattrodger7097
@mattrodger7097 14 күн бұрын
They are there to serve their masters which also benefits them financially.
@lordumas
@lordumas 14 күн бұрын
We need a new government
@ace9840
@ace9840 14 күн бұрын
Not exactly a surprise since nothing was fixed after the 2008 GFC. They actually made it exponentially worse.
@speedibusrex
@speedibusrex 14 күн бұрын
It's only fiat currency. Worthless.
@cottagegymfun
@cottagegymfun 14 күн бұрын
Inflated values on bank books leading to reset is not good
@thesurvivalist.
@thesurvivalist. 14 күн бұрын
Worth 2 cent on the dollar!
@Aarrenrhonda3
@Aarrenrhonda3 14 күн бұрын
It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.
@Peterl4290
@Peterl4290 14 күн бұрын
Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.
@larrypaul-cw9nk
@larrypaul-cw9nk 14 күн бұрын
I believe using an investing advisor is a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.
@sabastinenoah
@sabastinenoah 14 күн бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@larrypaul-cw9nk
@larrypaul-cw9nk 14 күн бұрын
Her name is “VIVIAN CAROL GIOIA” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@sabastinenoah
@sabastinenoah 14 күн бұрын
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
@harryzero1566
@harryzero1566 14 күн бұрын
The government will have to be buyer of last resort, Then use the commercial properties to house immigrants and homeless people.
@crazyham
@crazyham 14 күн бұрын
You & I are thinking the same thing. Here in Australia we have many immigrants incoming and a housing crisis and there is much debate about where people will live. I have been saying for some time that I think our Government will decide to rezone and allow commercial real estate to be used as residential.
@gulferazahmed3466
@gulferazahmed3466 14 күн бұрын
Not only homeless and immigrants, also the average jo too when mortgages start defaulting. Building Back Better in shoe boxes, you will own nothing but will be happy.
@jimflammer9370
@jimflammer9370 14 күн бұрын
I would like to add your idea is a good one however the housing for illegal immigrants should be temporary until they get transportation back to the border.
@Elementaldomain
@Elementaldomain 13 күн бұрын
Are you talking about the U.S. government who can no longer print money because there are no buyers of the debt?
@wh4uf
@wh4uf 13 күн бұрын
Yes those illegals are the ticket to being reelected into office. It's easier to convince the grateful migrants to vote for them.
@BrokerBarbara119
@BrokerBarbara119 14 күн бұрын
This happened in 2006-2010 with the subprime Real Estate crisis that led to the Great Recession and Foreclosure epidemic that occurred during this time. Sad that we learned nothing from that time and now it's the Commercial and multi-family properties but it won't end there...
@thesurvivalist.
@thesurvivalist. 14 күн бұрын
And still they are trying that again! Recently even VP Harris told people to get a mortgage to take money out of their house! Its only going to get worse!
@wh4uf
@wh4uf 13 күн бұрын
This time it's armageddon of biblical scale.
@mydad156
@mydad156 13 күн бұрын
US good luck that time because with China help .
@wh4uf
@wh4uf 13 күн бұрын
@@mydad156 yes without China help they wouldn't have gotten out of the crisis unscathed. Those ungrateful Americans will be on their own this time. Once bitten twice shy as the saying goes . What the former Sec of State said was true being friends with the US can be fatal .
@wh4uf
@wh4uf 13 күн бұрын
@@raymond_luxury_yacht they know that after plundering the banks kitty they will get a bailout anyway. Too big to fail remember.
@1o1s1s1i1e
@1o1s1s1i1e 14 күн бұрын
Thank you Lena, you and Sean Foo are doing incredible work reporting the facts. Brace for impact!
@dnimon936
@dnimon936 13 күн бұрын
yup.........the three channels i listen to these days for *actual news (instead of msm lies and propaganda) are sean foo, alex mercouris and lena
@DJNAZZZZTY
@DJNAZZZZTY 14 күн бұрын
Wow our country is on the brink ....
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
Beyond repair! Hope you know how to grow vegetables? And you can still buy non- genetically modified seeds?? All the best!
@marshmaz
@marshmaz 13 күн бұрын
"All Wars are Banker's Wars "
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
And all bankers wear names like: R○《kefeller$ and R○th$child$...
@Anthony-bh6dd
@Anthony-bh6dd 13 күн бұрын
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
@MileyHumphrey-ql4jp
@MileyHumphrey-ql4jp 13 күн бұрын
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@Joseph-zw3sb
@Joseph-zw3sb 13 күн бұрын
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@Joseph-zw3sb
@Joseph-zw3sb 13 күн бұрын
Just research the name Angela Lynn Schilling. You’d find necessary details to work with a correspondence to set up an appointment.
@markphillips9822
@markphillips9822 14 күн бұрын
If you dont have a 401K they can't invest it in crap commercial real estate. But pensions might be wiped out soon.
@Elementaldomain
@Elementaldomain 13 күн бұрын
You need to read more. 401ks are heavily into CRE.
@kevinarrevillaga926
@kevinarrevillaga926 13 күн бұрын
The ship is sinking
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
As the Titanic to dark icecold depts... or debts...🙄🙄
@livinglifetothefullest22
@livinglifetothefullest22 14 күн бұрын
Uncle Klaus his dream: YOU WILL OWN NOTHING😊😊😊
@svetlanadobrosavljevic4924
@svetlanadobrosavljevic4924 14 күн бұрын
And you will be happy 😳
@focus2166
@focus2166 14 күн бұрын
[ Ze Crickets ] ... * Crunchy And , * Nutritious !!!
@svetlanadobrosavljevic4924
@svetlanadobrosavljevic4924 14 күн бұрын
@@focus2166 yeaaa crunchy 🐛 🐞
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
​@@svetlanadobrosavljevic4924well there is a part true of this sentence and a part is like 'they live happily ever after'...(a lie🙄) Now you may figure out which part is the lie!😉
@jackduras6238
@jackduras6238 13 күн бұрын
Is not dream anymore,is reality
@raygan777able
@raygan777able 13 күн бұрын
Not too long, the US was celebrating China's real estate crisis.
@eradicator187
@eradicator187 14 күн бұрын
Seeing Biden on his knees begging for help in front of the BRICS leaders will be priceless.
@icedmocha9734
@icedmocha9734 14 күн бұрын
That would be very nice!
@Elementaldomain
@Elementaldomain 13 күн бұрын
Let’s see…..read an article yesterday that 40 more countries have applied to join BRICS. That makes BRICS the biggest co-operative in the world now 🌺🥰😍 And now they are releasing the use of their own currency. I have my popcorn ready. 😂
@howiescott5865
@howiescott5865 13 күн бұрын
BRICS is just a therapy club for loser countries with failing economies. They've been talking about a new currency to dethrone the USD for over 20 years now.
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
Macron gave this example already!😂😂😂😂😂
@solohoh
@solohoh 14 күн бұрын
This spring, a 1980s-era office building at 1101 Vermont Avenue in Washington sold for $16 million, a sharp drop from its $72 million valuation in 2018. And near the Willis Tower in Chicago, an investor snapped up a landmark building late last year at 300 West Adams Street for $4 million that sold for $51 million in 2012. NYTimes June 7, 2024
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
Finding out who the 'investor' is, will be found in the B|@ckR○ck group... Hey... wait... aren't they the evil elite...? Aren't they the 1% owning the world now doing some bargain shopping in the cities...🙄🙄🙄🙄
@Kaatu-barada-nikto
@Kaatu-barada-nikto 13 күн бұрын
A few weeks ago there was a report that a 42 story office building (in Fort Worth) sold for nineteen cents on dollar from the purchase price only three years previous.
@boe3421
@boe3421 14 күн бұрын
Excellent reporting! Thank you and your crew!
@BrandyHeng007
@BrandyHeng007 14 күн бұрын
Perfect banking storm on the way.
@mikegoff3130
@mikegoff3130 13 күн бұрын
We sold our commercial property in May of 2022 for 4.7M and it was appraised at 2.8M.
@Pompomgrenade
@Pompomgrenade 14 күн бұрын
😂 someone will have to take a haircut on the losses, and most likely that's the public.... Destined to lose more purchasing power💸
@ricksemeniuk629
@ricksemeniuk629 14 күн бұрын
I hope it's Blackrock that takes a big hit on this.
@mattrodger7097
@mattrodger7097 14 күн бұрын
Same as it ever was. Poor taxpayers always get shafted
@mattrodger7097
@mattrodger7097 14 күн бұрын
@@ricksemeniuk629they have investments everywhere, so this won’t hurt their balance sheet. Unfortunately 😞
@trendingviews4086
@trendingviews4086 14 күн бұрын
Geopolitics and sanaction is bitting US economy back
@victormuscella3388
@victormuscella3388 14 күн бұрын
We are entering a 100 year, economic cycle now. Eg 1929 crash, banks collapsed every week. 😮
@debt.1001
@debt.1001 13 күн бұрын
We don’t have 100 years, we probably don’t even have 10. This truly is Biblical. We are in the End Times. Nothing is stopping this. 🙏💜
@andrewmacomber1638
@andrewmacomber1638 14 күн бұрын
Interestingly there’s been a building in my area sitting empty since at least 2017… ironically it had been a bank branch!🥺
@maitreya1906
@maitreya1906 14 күн бұрын
All the vomitous greed of the 70s and 80s is crashing around bankers ears at thunderous decibels. The great 16th century prophet Nostradamus once wrote to King Henry II in an epistle describing a time beyond the 'great wheel of the centuries' ( this third millennium - our time) as one in which the west, overcome with a vast plague and economic failure presents in Mad Max fashion as cities abandoned writing: the grass will grow: " up as high as the knees" and no one will know what property belonged to whom...
@habyalexandru2265
@habyalexandru2265 14 күн бұрын
Get curency out of the Banks Buy gold and silver
@justinm4497
@justinm4497 14 күн бұрын
or food
@fillmorehillmore8239
@fillmorehillmore8239 14 күн бұрын
@@justinm4497 Its always best to stock up on the goods before what will be used to buy the goods.
@soundmind192
@soundmind192 13 күн бұрын
Started doing that near the end of 2022. Many saw the disaster coming. Unfortunately for many its conspiracy theories and right wing propaganda.
@joycewright5386
@joycewright5386 10 күн бұрын
But how do you pay bills or buy food with gold? I never understood.
@Ex-P.F.C_Wintergreen
@Ex-P.F.C_Wintergreen Күн бұрын
​@@joycewright5386you cash it in for fiat currency when you need to buy something
@sar50anga82
@sar50anga82 13 күн бұрын
office and commercial real estate were going downhill since COVID simply because enterprises told the workers they can do the job online from security of their own homes......so why need office space and online retaling has already destroyed the Shopping Mall concepts....
@kennethmorrison7689
@kennethmorrison7689 14 күн бұрын
Not to worry: they will arrange for the debts to be paid from the public purse.
@Elementaldomain
@Elementaldomain 13 күн бұрын
I keep saying this and people are NOT listening. You can only print money when someone is willing to buy the debt they print. NO ONE is doing that, in fact all the countries who previously kept the U.S. solvent by buying our debt…are no longer buying it, and are dumping billions of U.S. debt to buy gold. The gravy train is over.
@LeticiaYepes-yp2hg
@LeticiaYepes-yp2hg 13 күн бұрын
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Kerrie Farrell in few weeks, this is one of the best medium to backup your assets incase it goes bearish...
@rogercav40
@rogercav40 13 күн бұрын
As a beginner, it's essential for you to have a mentor to keep you accountable....
@TedStalets
@TedStalets 13 күн бұрын
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
@PatchettStalls
@PatchettStalls 13 күн бұрын
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
@CsokiBabi
@CsokiBabi 13 күн бұрын
I rather invest my money on crypto. Bitcoin trading is great unlike the stock market and other financial markets, bitcoin has no centralized location , since it operates 24hrs in different parts of the world...
@JasonGavino-dj6ze
@JasonGavino-dj6ze 13 күн бұрын
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
@thesurvivalist.
@thesurvivalist. 14 күн бұрын
A wave of foreclosures both from business and home owners! Far too man folks, are just running out of funds to live their lifestyles! In the last 2 years taxes have skyrocketed from 50% to upwards of 650%, depending where you live!. Many first year home owners are coming up short, on funds to pay the taxes, and are being forced to sale a home they just got into. And it is even worse for those who did not fully understand" what moving into an HOA was really like. They are facing increasing fees, fines for the silliest infraction, and now just being two weeks late has the HOA, placing a lien on their home, and them being not being able to sale to get out of the HOA. One lady had her 200k plus home sold from out under her for 20k, if she wanted it back she would have to pay 28k. It is only just beginning!
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
"You'll own nothing..."
@thesurvivalist.
@thesurvivalist. 13 күн бұрын
@@livinglifetothefullest22 Facts
@ricardoavilapaulette7060
@ricardoavilapaulette7060 14 күн бұрын
The numbers that were grim become grimmer. With US authorities pretending this situation is manageable without doing anything unpleasant until the end of the year, the crisis already here, will explode. When? May be not tomorrow, but no more than in a couple of months. So I see it. Thanks for the alert.
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
Countdown has begun...!!
@Ex-P.F.C_Wintergreen
@Ex-P.F.C_Wintergreen Күн бұрын
They'll keep the economy full of hot air until at least after the election in November
@christmastree5496
@christmastree5496 14 күн бұрын
NYC is lawless
@lawrieyoutube4375
@lawrieyoutube4375 13 күн бұрын
Wall St is just a glorified pawn brokers. IMO
@AndrewLambert-wi8et
@AndrewLambert-wi8et 6 күн бұрын
SHE IS MASSIVELY HEAVY. SHE A FORMER BANK AUDITOR.
@FrankGallagherr
@FrankGallagherr 13 күн бұрын
When Trump was in office there was a dollar menu everywhere and gas was $2.00 and now it’s $18 for a Big Mac meal and $7.00 a gallon for gas and Trump had NO wars and closed borders.
@gelinrefira
@gelinrefira 13 күн бұрын
Cherry picking doesn't work. trump increased tension in the West Asia by increasing bombing and drone strikes while starting a trade war with China that biden kept going.
@waltbroedner4754
@waltbroedner4754 13 күн бұрын
Trump and all the other US presidents are just crooks chosen by the corpoations for us to elect, both republican and democrat administrations created the mess we are in, neither one gives a hoot about the US Citizen specially the 13 MILLION AMERICAN KIDS THAT ARE STARVING AND HAVE BEEN STARVING IN THE US. Don't let them brainwash you, question EVERYTHING, don't ever believe a word a politician tells you.
@raygan777able
@raygan777able 13 күн бұрын
Whoa!
@howardcohen7784
@howardcohen7784 13 күн бұрын
It's much bigger than Biden or Trump. Defend yourself. Don't expect miracles.
@dnimon936
@dnimon936 13 күн бұрын
spot on; but the masses (esp in America) are brain dead sheep; thy had it soooo good under trump, as did the world, but the media insisted everything was horrible and brainwashed the sheep. Now America is in the sewer and the media is insisting things are going wonderfully............lets see what the brain dead sheep do this election. Half of them would vote Biden even if they were starving on the streets and America became a third world post apocalyptic hell hole......Krystal Ball from breaking points id one of them.
@skwish6401
@skwish6401 14 күн бұрын
60% discount on prime real estate in NY is still low discount based on many inhibitable and administrative conditions.
@davidwoods358
@davidwoods358 14 күн бұрын
A bit disappointed that you never got a chance to take a cruse on the unsinkable Titanic? .. well, your luck has turned, you're on it now.
@chriscunnane7596
@chriscunnane7596 14 күн бұрын
THANKS for the truth!!!
@mikevalentine9556
@mikevalentine9556 14 күн бұрын
Lena you are a Wonderful Anaylist. But NYC is no longer Prime Real Estate😢😢😢I grew up in the city for 25 years and I'm so glad I moved years ago. I couldn't imagine living in a Communist City. Thx for your time..
@personnenestici
@personnenestici 14 күн бұрын
What’s communist about NY?
@longkesh1971
@longkesh1971 14 күн бұрын
NYC is the home of the worlds most important stock exchange. How is that communist?
@livinglifetothefullest22
@livinglifetothefullest22 14 күн бұрын
You will be so happy living the so called american dream... just wait untill you wake up in a nightmare worst than any communist regime ever...!!😂😂😂
@L98fiero
@L98fiero 14 күн бұрын
@@livinglifetothefullest22 How many countries restrict free speech? how many have mass surveillance? how many have 25% of the world's prisoners while being only 5% of the world's population, How many have increasing poverty levels? Are YOU living the American dream?
@barrybarry6592
@barrybarry6592 14 күн бұрын
I believe much closer to a Fascist state if not country
@rjshaw888
@rjshaw888 12 күн бұрын
The real problems begins when interest rates go down and there is no movement in the real estate game. If you think real estate is going to make a move on a 2 percent drop you’re dreaming.
@bassmouter4694
@bassmouter4694 14 күн бұрын
I saw a KZbin video about grocery shops at Manhattan who were closing their shops because of the many clients who left the shop without paying. Sometimes 200.000€ worth of goods where monthly stolen by the selfservice paypoints. Leaving completely quarters of New York without enough groceries to serve the inhabitants of that city. Shaping no go areas, where survival became harsh.
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
It's a jungle out there...
@bassmouter4694
@bassmouter4694 13 күн бұрын
@@livinglifetothefullest22 , I saw yesterday an analysis about mortgages at New York, who all expire between now and November. There are no buyers so the owners try to sell the skyscrapers with 50% discount, indicating that the Real Estate bubble has been bursting.
@4ninefine199
@4ninefine199 13 күн бұрын
"The Great Taking" in progress...
@Wizardley
@Wizardley 14 күн бұрын
Inevitable collapse
@keng528
@keng528 14 күн бұрын
Great show... Your credentials are really what's going to make you stand Head and shoulders above everyone else... congratulations 🎉🎉🎉🎉🎉
@chrisyates8115
@chrisyates8115 14 күн бұрын
It's not a show!
@brucesieverts1236
@brucesieverts1236 13 күн бұрын
it's going to be at least 2 years before we see how deep the hole is in the money market.
@carlburris9158
@carlburris9158 13 күн бұрын
Our enemies are smart. 😂😂
@stephanejourdren3668
@stephanejourdren3668 13 күн бұрын
Not first time we heard that speech😂
@michaelmartin4383
@michaelmartin4383 14 күн бұрын
So, it is not just the poor that get poorer, the rich get even more poor. The number of billionaires in America is falling, while the number of billionaires in China are rising.
@Vladimirleninputin
@Vladimirleninputin 14 күн бұрын
Billionaires is leaving USA, clever people are leaving USA and if you're young you should leave too, USA is a sinking ship
@user-os8me5ep4d
@user-os8me5ep4d 14 күн бұрын
Where do you get these stats when I see Americans at 14 yrs old are rich already because their parents helped them get rich. Just 1 example I have plenty! This guy serious!??? Just trying to figure out where you got those facts from? 😂
@pausereflect5911
@pausereflect5911 14 күн бұрын
​@@user-os8me5ep4dSearch for the Stats. Like OECD, OMG and other central banks will give you data. Just look for the info. Wealth is shifting East.
@alexandervantricht2189
@alexandervantricht2189 14 күн бұрын
@@user-os8me5ep4d you ask where some people live , in fairyland ???? when you live in the lala land . Question ; are you blind or visually impaired ?
@robertbunnell9590
@robertbunnell9590 14 күн бұрын
China moving away from communism America moving toward communism hmm.
@clintcowan9424
@clintcowan9424 13 күн бұрын
Bank auditing. What would you like, package 1 the truth, package 2 kind of a lie, or package 3 where you get huge bonuses when the company looks amazing 🤩
@daviddupree1155
@daviddupree1155 14 күн бұрын
Scary times
@dotibrown4024
@dotibrown4024 13 күн бұрын
I mentioned months ago, dedollarization has occurred. It can't be stopped.
@technobo06
@technobo06 14 күн бұрын
I remember in the 80's when brand new houses in my area only cost in the $100K or even less, I have friends who buy 2, 3 or 4 houses and leasing them to families that needs housing and that covers their monthly mortgage , And then came the housing boom and all the greedy real state agents and banks went on their own to jack up the price, now after the market crash, my friends simply let go of their property except for their own home. Now thats what I call CAPITALISM at its WORST, letting your money do the work for you made you greedy.
@869handyman
@869handyman 14 күн бұрын
Just wondering. If they take lose now and don't pay capital gain tax? Let the government pay for it? We eat it.
@johnmaturi4948
@johnmaturi4948 13 күн бұрын
It's the housing crash of 2008 all over again, but in the commercial market. the answer is the same as it was then; stimulate the economy by drilling for oil
@ddprepper5227
@ddprepper5227 14 күн бұрын
Excellent report 👍👍👍👍👍
@bruce5895
@bruce5895 14 күн бұрын
Bank Examiner, Impressive, thank ✴you Lena for that input, we are lucky to have you !
@evita1111veigas
@evita1111veigas 12 күн бұрын
This is good news for the FED. They will simply merge the small banks with the TOP 20 banks. Easier to manage with digital currency is rolled out!!!
@dannyboy8850
@dannyboy8850 12 күн бұрын
Lena you and I are on the same page - bank failures are on the horizon by year end. 😭😭😭
@JohnDoe-iv7yu
@JohnDoe-iv7yu 13 күн бұрын
I dont get why private banks get special treatment on their loans and investments. Yet consumers have to pay full price for their financial investments. Smells of 2007 all over again Bansk get bailed out Consumers get the middle finger and have to pay for the banks mistakes.
@danvintatlopoipoy5874
@danvintatlopoipoy5874 11 күн бұрын
The world is about to end. Everybody will be equal.
@wendyboyd6196
@wendyboyd6196 13 күн бұрын
Very helpful! Thank you. The general picture backed by specific examples!
@tomdrummy4984
@tomdrummy4984 14 күн бұрын
Thank you Lena 😊
@Cooee1961
@Cooee1961 14 күн бұрын
Thank you 🙏 for your wonderful podcast. We can hear you loud and clear, down here in Australia 🇦🇺. Please keep up the great work ✌️
@andreflavell3453
@andreflavell3453 12 күн бұрын
in NZ 40 percent of commercial realestate is empty
@shelleyclay1732
@shelleyclay1732 10 күн бұрын
Well the rent just keeps going up, so I guess it doesn't matter.
@breakawaymotorsports
@breakawaymotorsports 13 күн бұрын
White lace blouse: beautiful! You are a joy to listen to.
@ecchioni
@ecchioni 13 күн бұрын
NYC with 65% discount is still about 1000% overpriced.
@user-zr6ks9bi3v
@user-zr6ks9bi3v 13 күн бұрын
Thank You Lena appreciate For Updating Thank You Very Very Much
@ASMRekt
@ASMRekt 13 күн бұрын
Office buildings going obsolete like filing cabinets. Tech out paced the importance of huge buildings. The fact that small banks own 70% means the music finally stopped and if you weren’t in the big club you didn’t know to get out. Too bad the USA exported nearly all its significant industry the last 30 years. It’s going to be hard to afford things when all the money comes back to us and we’ve only got single moms and weird dogs to export
@barryshaw5660
@barryshaw5660 14 күн бұрын
Appreciate all your videos Lena, informative.
@michaelthompson1379
@michaelthompson1379 14 күн бұрын
Thank you for sharing!
@Annie0-ys8oj
@Annie0-ys8oj 14 күн бұрын
Always love your updates!
@jamesmiller2332
@jamesmiller2332 14 күн бұрын
You are so refreshing.
@tyarb52
@tyarb52 13 күн бұрын
Thank you!!❤
@michaelmcfeely6588
@michaelmcfeely6588 13 күн бұрын
No bailouts.
@sharonmunoz4110
@sharonmunoz4110 14 күн бұрын
See what I mean all news and no selling of anything
@Foster-hm2sh
@Foster-hm2sh 14 күн бұрын
Who did you work for as a bank auditor? Is that a private business or a government job?
@glassman2822
@glassman2822 13 күн бұрын
Explained very well!!
@peteromisore8607
@peteromisore8607 10 күн бұрын
This is going to make the sub prime loans crash of 2008 look like a walk in the park......
@pla9012
@pla9012 14 күн бұрын
Don't have to imagine it,see nyc in the 70s....fire sale of property then too, then what happened....
@electro-acupuncture
@electro-acupuncture 14 күн бұрын
This is due to political policies of immigration, covid, drug issues and people and business's leaving huge cities. Add to that high interest rates.
@johnmcdonald323
@johnmcdonald323 13 күн бұрын
For the record, I love the BRICS Alliance!!! I think it is a beautiful thing 😊!! As a consequence, sadly, inflation will become permanent!!! But that would have happened anyway due to reckless government spending!!! Even the IMF came out and warned the government to cool it!!!!
@alanattfield7174
@alanattfield7174 12 күн бұрын
In the UK we can it negative equity. When the property or value is below the balance of the loan.
@roegoleg
@roegoleg 13 күн бұрын
Sounds like the property bubble is popping. Should’ve never been as high in the first place. The asset bubble is the primary reason for inflation and the high cost of living. Unfortunately, Wall Street banks will not suffer the most as they are the primary cause
@amrutaukarande9126
@amrutaukarande9126 12 күн бұрын
Thank you ❤
@tucker2074
@tucker2074 13 күн бұрын
Thankyou for sharing your knowledge, you truly have been helpful
@fandangofandango2022
@fandangofandango2022 14 күн бұрын
Explained Very Well thank You.
@zj2164
@zj2164 14 күн бұрын
Banking industry have poor people tear/blood on their hands. They have been lending money to poor with 15 or 30 years interest for home buyers and credits cards interest playing game on people life. Now a time has come from above. I don't like this system at all. Damage so many people life.
@livinglifetothefullest22
@livinglifetothefullest22 13 күн бұрын
I don't know what they taught you at school... But here in the Netherlands we were taught that you first need to save money... before you can buy... If people buy with plastic... they'll own nothing... we not playing Monopoly... this is real life!! America is and has always been as fake as fake can be!! You have never owned you house! You have never owned your car! You have never owned your Hawai vacation! Pay back has started... take responsibility for your greed!
@thomascantasano7816
@thomascantasano7816 14 күн бұрын
Thank you! 😃
@hbc511
@hbc511 14 күн бұрын
Awesome as usual. Luv it.
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