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BrickTop
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Comments by "BrickTop" (@bricktop7803) on "Prepare for Hundreds of Bank Failures. 2024 CRE Loan Maturities Reach Trillion Dollar Record" video.
Weeeeellll.Powell is the Chair of the FED, and you ARE NOT. So, we do KNOW where you really really stand in the pecking order.
4
Nice one RJ, this is what you do best, FED, and financial stuff - stick to it. Your other garbage, MAGA inspired stay away from that, it makes you look like a simpleton.
3
80% of US jobs are with small and medium companies, the unemployment wil be catastrophic, then its residential mortgages that go under and people are homeless.
3
Dude, when the economy goes down the tubes, NOTHING is safe.
2
Wrong. The Big Banks do NOT absorb the smaller banks. The big banks pick up the tasty assets for pennies on the Dollar and the bank disappears.
2
We have a lot of immigration from the US into the UK. The last time I was in hospital I was treated by 3 US Clinicians who emigrated. Just look on Google or YT for US expats living in the UK.
2
Ooh am happy for you. Which god though? - Ganesha? Shiva? JC? Allah? Buddha? Vishnu? JuJu?
2
Nothing to do with the FED, it is the US population and Economy that did this. The FED is only reacting to circumstances. If y'all go out and buy junk, cars, stocks and shares, this is what you get. Live within your means, the US economy is driven by consumer debt.
2
Maybe the US, it gets hit hard this time around. In Europe we learned from the GFC. The banks must pass rigid fitness test. The Banks rationalised and got rid of the money losing sectors. Bank branches - we lost 80% of them. No more cheques or money orders, the last time I used one was 2010. All transactions are digital. The US financial sector NEVER learned from 2008, they still went about business like before. The FED will let the small and medium banks go bust. They cannot risk contagion by trying to save them. The FDIC nearly lost all capital trying to save SVB, Signature, First Republic nearly emptied the treasury bail out fund.
2
Nope, Credit Unions have to invest money somewhere. When everything goes down, nothing is safe. They come under the section, Small Banks.
1
Much of the 33T is keeping the stock market from collapsing. You know its a rigged game when there are only 7 stocks doing anything. During the 2024 Depression the stock market will crash and banks go bust. So the debt will actually decline bigly. The Treasury wont have to keep the stock market afloat when it should have died and they wont have to bail out the banks that should have went under 4 years ago.
1
Well, that is garbage. You all give away every aspect of your life when you log on to a PC or use a phone. Every biometric freedom is given to EVERYONE. You think the companies that make phones, the software companies dont ALREADY know EVERYTIHNG there is to know about you?? they DO CONTROL and TRACK your every move.
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Use a free Ad-Blocker. I never see any YT Ads. RJ had a sponsor, which you guys in the US seem to think is ok. But you just jump forward until its gone.
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Its still to happen yet, this May I believe.
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Commercial and Residential are tied, so when one goes the other follows.... When the BOTH go down, the economy is already on the floor.
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