Toronto Condo Market Collapse Claims Another Victim

1/ The Riv, a planned 37-storey tower at Queen & River St., is officially cancelled. Developers blame a dire condo market with rock-bottom sales and skyrocketing costs. — Shazi (@ShaziGoalie) December 4, 2024 3/ Condo sales in the GTA are 75% below the 10-year average. Developers can’t hit pre-sale thresholds required to secure financing. Projects …

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CHINA! The ‘real reason’ for Nissan collapse revealed as car manufacturer’s finance chief steps down amid bankruptcy battle

heap Chinese electric vehicles are being blamed for the collapse of car manufacturer Nissan. The Japanese auto firm, which employs 7,000 people in the UK and 17,000 in the US, has embarked on a huge cost-cutting programme after suffering heavy losses. Nissan said last month it would axe 9,000 jobs and 20 per cent of …

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History books will write that Joe Biden’s pardon of his son marked the start of the stock market collapse.

https://twitter.com/FinanceLancelot/status/1863493155582062968 Depression intensifies.. https://t.co/9oLzMHD7Fj — The Great Martis (@great_martis) December 2, 2024 A banking crash in one part of the world doesn't stay there; it's a global game of dominoes where banks fall one after the other. pic.twitter.com/2YT2ol8MBq — GoldSilver HQ (@GoldSilverHQ) December 2, 2024 When the cattle collectively realize $100,000 isn't coming, a debilitating …

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Top’s in, buckle up: The run for the door on bitcoin will be a biblical event. The collapse will trigger massive losses, delays, and years of legal battles.

yup my 70 yo coworker asked me what do I know about this whole "crypto" thing the other day.. top's in, buckle up — SpaceCowboy69 (@typowymateusz) December 1, 2024 To add : The run for the door on bitcoin will be a biblical event . Exchanges will pause for days and pause again when reopened. …

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Copper/gold ratio collapse signals economic implosion. High Yield Spread tightens to levels last seen in early 2007’s pre-crisis era.

#recession … #StockMarket Bubble edition https://t.co/vl8Sc7lSwq — Invariant Perspective (@InvariantPersp1) November 22, 2024 #recession … #GFC2 US edition https://t.co/5LZ6pkEmk0 — Invariant Perspective (@InvariantPersp1) November 22, 2024 There is also a divergence between the SP500 and the HY Bond A-D Line. Read more about this topic from 2022 at https://t.co/x35ebJJ6Od. https://t.co/qmvpv2h4eH pic.twitter.com/EOTvWebFAU — Tom McClellan (@McClellanOsc) …

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How Do We Fix the Collapse of Quality?

Authored by Charles Hugh-Smith via oftwominds, Every product now has an “extended warranty” admission of the collapse of quality and durability. There’s a great uplifting hope swirling around the potential to fix what’s broken, and so here’s my question: how do we fix the collapse of quality and durability that we now take for granted? What …

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MSNBC may shut down as backlash grows over Kamala paying a major vlogger before a softball interview. CNN and big media are facing collapse.

The campaign also gave a $350,000 payment to Nu Vision Media on September 9, according to FEC filings first reported by the Times. Nu Vision Media is a media company run by journalist Roland Martin. Martin spent roughly 30 minutes interviewing Harris on his streaming program in October. Vice President Kamala Harris’ campaign reportedly gave …

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Banks weaning off Fed support and global investors offloading U.S. securities, this chart explains why Warren Buffett is panic selling.

Banks reducing reliance on Federal Reserve support could signal looming instability, especially if they are doing so prematurely or without sufficient reserves. Such a move might suggest internal liquidity challenges or shifts in market confidence. If broader economic conditions or credit markets weaken simultaneously, this reduced safety net could heighten the risk of collapse. https://twitter.com/conksresearch/status/1857861316041490767 …

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US government debt market collapse has begun, fueling bullishness in gold prices.

US government debt market collapse has started This has MASSIVE implications for the economy A thread 🧵 pic.twitter.com/sau5h9sPLr — Bravos Research (@bravosresearch) October 28, 2024 3/ Treasury bonds, typically 40% of an investor's portfolio, have led to big losses because of their sharp decline — Bravos Research (@bravosresearch) October 28, 2024 5/ Constantly rising government …

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Contagion spreads: 40% price cuts across states as mortgage applications collapse 45%.

Home values are now dropping across states like Georgia, Tennessee and South Carolina. As inventory levels spike and the housing downturn in Florida spreads to other states. Homebuyer demand in 2024 continues to falter, as mortgage brokers are reported a 45% slump in mortgage applications compared to pre-pandemic levels through mid-October. Who wants to buy …

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Citigroup Sounds The Alarm On TOTAL Economic Collapse, Chase Bank Warning

https://www.youtube.com/watch?v=FI5Dw6Ya8KM As we end 2024, the ominous tune of a banking collapse looms large over the once-mighty Citigroup. From its inception in the late 20th century, where it pioneered modern banking services, automatic teller machines, and credit card offerings, Citigroup has witnessed a relentless downward spiral since the housing crisis and financial meltdown of 2008. …

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Harry Enten this morning on CNN — ‘Kamala is doing 6 points worse in polling than Biden in 2020.’ Video is currently trending #1 on twitter. The Harris collapse has begun.

Harry Enten this morning on CNN. This is why Democrats are freaking out. 'Kamala is doing 6 points worse in polling than Biden in 2020.'pic.twitter.com/v4mIzjWLEI — Citizen Free Press (@CitizenFreePres) October 11, 2024 The Harris collapse has begun. https://t.co/4LILhoSbVf — Scott Adams (@ScottAdamsSays) October 11, 2024

Government’s rising unproductive spending crowds out private investment, threatening an imminent collapse.

The government is absorbing more of the economy into less productive spending, displacing private sector activity, while crowding out investment as credit gets tied up in treasuries. We're one market panic away from collapse. — Nova Empirica (@TabulaStellar) October 4, 2024 WTI call options volume has risen the most since 2016 shit about to hit …

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When Israel Attacks Iran, The Disruption of The Strait of Hormuz Will Be The First Domino of Economic Collapse. 24% of Worlds Oil Supply Will Be Disrupted.

Israel is reportedly preparing to launch an attack on Iran, which will result in the sudden closure of the Strait of Hormuz. This strategic waterway, crucial for global oil shipments, will be blocked, sending oil prices skyrocketing and causing widespread economic disruption. Global markets will be reeling as nations brace for the fallout, with fears …

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Oil vs the S&P 500 is giving us a huge hint what’s coming. One is saying economic collapse the other is saying bubble.

https://twitter.com/FinanceLancelot/status/1840225967119163470 What bubble? 🤪 https://t.co/l0HskWxSxO pic.twitter.com/1E1pC5duus — Financelot (@FinanceLancelot) September 29, 2024 https://twitter.com/FinanceLancelot/status/1840227222990287217 The Dow Jones Transportation countdown continues as the range gets tighter.$DJT https://t.co/LWPKuMyaU2 pic.twitter.com/AYLiOl70Nm — Financelot (@FinanceLancelot) September 29, 2024 The BOJ is already at work to squeeze #Japan #stocks back up 🫶🏻🤭 The circus 🎪 show begins in 30min, let’s get comfortable …

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Prepare for the Biggest Global Debt Collapse in History – Gold’s Time Is Now! – Francis Hunt

Francis Hunt, the Market Sniper, warns of an impending global debt collapse that could surpass any financial crisis in modern history. Drawing comparisons to past events like the Vietnam War overspend and Nixon’s 1971 gold standard shift, Francis explains why this collapse will be more severe and why gold is the key to protecting your …

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6 Banks Are At Risk of Collapse Now

https://www.youtube.com/watch?v=AmDu9IFsQ1M The banking sector is on the brink of a crisis as the global economy teeters on the edge of recession. With six major banks under intense scrutiny, growing fears of instability are casting a shadow over the entire financial landscape. As economic conditions deteriorate, lending standards tighten, creating a precarious environment for these institutions. …

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We are hair’s breadth away from a GenAI bubble collapse – and at last everybody knows it.

We are hair’s breadth away from a GenAI bubble collapse – and at last everybody knows it. Brutal, correct observation today @BusinessInsider by @_hasanc: “Jensen Huang faces a monumental task as he takes center stage at a Goldman Sachs event on Wednesday: getting AI investors… pic.twitter.com/MmJUjwLkGH — Gary Marcus (@GaryMarcus) September 11, 2024 $NVDA 72 …

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Auto loan delinquencies soar, subprime borrowers hit hardest as consumer resilience near collapse.

Tweet: NEWS: Auto loan delinquencies keep climbing Subprime delinquencies (FICO: 580–669) jumped 26 basis points to 5.17% in Aug. Even prime loans (660–719) saw a slight uptick to 0.50% overdue. The reason? Consumers with auto loans originated in the past two years are falling further behind as elevated interest rates and vehicle prices squeeze household …

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Britain’s local governments are at ‘serious’ risk of ‘widespread collapse’

Local governments across England, Scotland and Wales face a £4.3 billion ($5.6 billion) hole in their finances in the coming year, according to a new report. That could force cuts to jobs and vital services, such as rubbish collection. In a paper Monday, Unison, the United Kingdom’s largest trade union, warned that, without additional emergency …

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