The Banking CRISIS and Pending Depression EXPLAINED
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Roughly 200 Banks in TROUBLE..
Roughly 200 Banks in TROUBLE.. Crisis Just Begun ✅ https://www.greatcreditfast.com ✅
GreatCreditFast is America's #1 investor based credit repair company! Whether you have bad credit, late payments, identity theft, bankruptcy, medical bills or more impacting your credit score, we can help. Simply call us now (561) 430-5900 or schedule a free consultation.
👇🏻💥 ThisisJohnWilliams Show (second channel)💥👇🏻
https://www.seevid.ir/c/johnwilliam...
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If you are in an industry in which you are qualifying buyers for financing and constantly come across bad credit customers this solution is for you! You could earn thousands of dollars per month by partnering up with us and allowing us to assist your clients. Not only will your clients be in great hands but we will turn them back to you once their credit is fixed and they are better prepared to buy!
Sources:
1. https://nypost.com/2023/03/18/nearly-...
2. https://www.cnbc.com/2023/03/19/ubs-a...
3. https://www.federalreserve.gov/newsev...
4. https://www.cnbc.com/2023/03/20/saudi...
5. https://fortune.com/2023/03/19/credit...
6. https://www.wsj.com/articles/pimco-is...
7. https://www.cnbc.com/2023/03/20/amazo...
8. https://www.cnbc.com/2023/03/17/fed-p...
9. https://thehill.com/opinion/finance/3...
Credit Suisse was just sold to UBS for $3.2 Billion with roughly $17B in losses held by investors. This was essentially a bail in on those investors as they lost all of their money. The Swiss National Bank stepped up funding to complete the transaction and as that just happened SVB bank, Signature Bank and First Republic is in MASSIVE financial trouble.
All the while, Jerome Powell at the Federal Reserve is likely to increase interest rates on Wednesday. This is tough news for commercial real estate as there are roughly $20,000,000,000,000 ($20 Trillion) in outstanding commercial mortgages, half of which are floating rate. This is happening along side credit card delinquencies at all time highs, auto repossessions at all time highs and soon to be millions of people under water on their single family homes.
We are on the verge of something much greater than a banking crisis, we are entering a depression to the likes of which we have not seen.
#recession #economics #economy
GreatCreditFast is America's #1 investor based credit repair company! Whether you have bad credit, late payments, identity theft, bankruptcy, medical bills or more impacting your credit score, we can help. Simply call us now (561) 430-5900 or schedule a free consultation.
👇🏻💥 ThisisJohnWilliams Show (second channel)💥👇🏻
https://www.seevid.ir/c/johnwilliam...
✅ https://www.webuybadcreditleads.com/✅
If you are in an industry in which you are qualifying buyers for financing and constantly come across bad credit customers this solution is for you! You could earn thousands of dollars per month by partnering up with us and allowing us to assist your clients. Not only will your clients be in great hands but we will turn them back to you once their credit is fixed and they are better prepared to buy!
Sources:
1. https://nypost.com/2023/03/18/nearly-...
2. https://www.cnbc.com/2023/03/19/ubs-a...
3. https://www.federalreserve.gov/newsev...
4. https://www.cnbc.com/2023/03/20/saudi...
5. https://fortune.com/2023/03/19/credit...
6. https://www.wsj.com/articles/pimco-is...
7. https://www.cnbc.com/2023/03/20/amazo...
8. https://www.cnbc.com/2023/03/17/fed-p...
9. https://thehill.com/opinion/finance/3...
Credit Suisse was just sold to UBS for $3.2 Billion with roughly $17B in losses held by investors. This was essentially a bail in on those investors as they lost all of their money. The Swiss National Bank stepped up funding to complete the transaction and as that just happened SVB bank, Signature Bank and First Republic is in MASSIVE financial trouble.
All the while, Jerome Powell at the Federal Reserve is likely to increase interest rates on Wednesday. This is tough news for commercial real estate as there are roughly $20,000,000,000,000 ($20 Trillion) in outstanding commercial mortgages, half of which are floating rate. This is happening along side credit card delinquencies at all time highs, auto repossessions at all time highs and soon to be millions of people under water on their single family homes.
We are on the verge of something much greater than a banking crisis, we are entering a depression to the likes of which we have not seen.
#recession #economics #economy
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