The Commercial Real Estate/Small Bank Boogie! CRE Crisis Could Cause Small Banks To Collapse (Bank Credit Growth Now Negative As 10Y-2Y Yield Curve Remains Inverted)

by confoundedinterest17 We are back in the USSR! And the economy taking commands from Washington DC! Introduction During the COVID-19 pandemic the occurrence of remote work jumped, out of sheer necessity. The technology was already available, but the pandemic accelerated its adoption and bypassed the hesitation of employers to allow people working from home. In many cases, …

READ MORE

U.S. Job Market Suffers A Sudden Collapse

Summary Job openings fall 34,000 to 9.582 million in June Layoffs decline 19,000; quits decrease 295,000 Manufacturing stabilizes at lower levels in July WASHINGTON, Aug 1 (Reuters) – U.S. job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions, which could …

READ MORE

China Issues Warning for Potential Collapse of 3 Gorges Dam

URGENT UPDATE: BEIJING FACES UNPRECEDENTED FLOODING: THREE GORGES DAM UNDER THREAT In a recent report, Beijing has experienced a record-breaking 19.6 inches of rainfall within a 24-hour period, leading to catastrophic flooding across the region. The situation has raised concerns about the stability of the Three Gorges Dam, which the CCP had previously lauded as …

READ MORE

US government quietly announced COLLAPSE of another bank late Friday (hoping nobody would notice)

via naturalnews: Late last week, the Kansas Office of the State Bank Commissioner shut down Heartland Tri-State Bank of Elkhart, Kan., prompting the Federal Deposit Insurance Corporation (FDIC) to enter into a purchase and assumption agreement with Dream First Bank, National Association, of Syracuse, Kan.   The FDIC and Dream First Bank, National Association have since assumed …

READ MORE

China’s Collapse Spillover Globally! | What’s REALLY Going on?

China’s Jobless Youth, Xi Jinping – Understand the challenge China’s jobless youth pose for Xi Jinping and its potential impact on the country’s future. Xi Jinping, China Investors, State-Owned Firms (SOEs) – Xi Jinping’s pitch to investors emphasizes revitalizing SOEs. Explore the potential implications for China’s economic landscape. China’s Politburo, Weak Economy, No Big Stimulus …

READ MORE

Ireland: Once a colony of England, now an Obedient Colony of the EU. Saves the planet by slaughtering 200,000 cows. The great collapse occurred after the country walked away from its Catholic roots. The rudderless nation clamored for another savior: the EU & high tech giants lured by tax savings.

In 2015, Ireland passed the Gender Recognition Act, which permitted trans people, beginning at age 18, to have their preferred gender recognized by the State. In 2007 however, Ireland was cited by the EU’s Convention on Human Rights as being behind the rest of Europe on this issue, and informed the country to correct the infraction. Ireland …

READ MORE

Bankruptcies surge, bond yields reach 4%, a level previously associated withto Silicon Valley collapse. Fed maintains ‘higher for longer’ stance to curb inflation.

2/ Rising bankruptcies coincides with bond yields hitting 4%, a level previously associated with the Silicon Valley Bank collapse and UK pension fund crisis pic.twitter.com/tcC6aBY9UD — Bravos Research (@bravosresearch) July 20, 2023 4/ A Deutsche Bank survey indicates that over half of market professionals anticipate market stress due to higher rates While 20% foresee minimal …

READ MORE

Alert! Oil Supply Is On The Brink Of Collapse As Saudi Arabia Slashes Production

https://www.youtube.com/watch?v=910zvXDibuE The oil market has taken yet another hit this month as Saudi Arabia deepened oil production cuts to gain further control of prices at a time U.S. officials are failing to boost the domestic Strategic Petroleum Reserve, and supplies are rapidly dwindling. The shock caused by lower global oil output is threatening to undermine …

READ MORE

Slow burn financial collapse?

by Nice_Flamingo203 I live in the USA. I have been pretty successful so far in life and have done well financially. I’m at a crossroads in life and as I look out at the world I can’t help but question the status quo. For all of my life the US has been on top and …

READ MORE

Disney Is In Deep, Deep Trouble As Major Losses Threaten To Collapse Its Retail Business

https://www.youtube.com/watch?v=gTOi3G9ONsM Disney is in financial distress as its latest movie releases result in billionaire losses while its retail footprint continues to shrink, its streaming service underperforms, and its Florida amusement parks face political battles with state government Ron DeSantis. The company’s poor financial results are worrying Wall Street and sending shares into a free fall …

READ MORE

People have no clue how truly monumentally close we are to a complete global economic crisis

by Junior_Wrangler8341 Source: @SuburbanDrone $1.7 Trillion in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High Americans have squandered $1.76 trillion in savings since 2020, leaving a meager $533 billion. Personal savings are at a dismal 4.6% of income, well below the 8.9% average. A staggering $986 billion credit card debt adds …

READ MORE

EV COLLAPSE: Electric vehicle manufacturer Lordstown Motors files for bankruptcy

via naturalnews: Electric vehicle manufacturer Lordstown Motors filed for bankruptcy protections on Tuesday, June 27, after announcing that it would put itself up for sale. It filed for Chapter 11 bankruptcy protections in a bankruptcy court in Delaware.   Lordstown stated that it will be looking for potential buyers to take over its assets, including the manufacturing of the …

READ MORE

The pension fund for the State Teachers Retirement System of Ohio looks like an early casualty of the collapse in CRE values…

Prominent corners of St. Paul are owned by an out-of-state pension fund. Some are bustling. Some are empty. When management consultant Sherry Johnson co-chaired a neighborhood task force looking at all the vacant properties on St. Paul’s popular Grand Avenue business corridor, she was taken aback to discover how many spaces were owned by the …

READ MORE

Banks f*ck up in 08. New laws get adopted, but delayed and slowly implemented. Banks complain because the new laws, designed to prevent collapse, will cause collapse, because, we waited until the next banking disaster to implement them. You literally can’t make this shit up

by BoatSurfer600 WASHINGTON, June 22 (Reuters) – U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are …

READ MORE

Subway Reports Biggest Store Shutdowns In Two Decades As Fast Food Chains Collapse All Around Us

https://www.youtube.com/watch?v=qXvuWKPixeM Subway is now shuttering a huge number of stores, and new reports reveal that the mass closures have just brought the chain to its smallest size in almost two decades. The company has been struggling financially for years, and right now executives are trying to sell the decaying franchise to the highest bidder. The …

READ MORE

2023’s most crowded trade is about to collapse…

Bulls, I will be the first and last to tell you that the most crowded trade of 2023 is about to implode. pic.twitter.com/yDHZnydSK4 — Mac10 (@SuburbanDrone) June 21, 2023 Markets have become complacent… pic.twitter.com/lORJSiazV5 — Longview Economics (@Lvieweconomics) June 12, 2023 Bulls, having your head up your own ass is not a "Black Swan" event. …

READ MORE

The auto market collapse is intensifying, leading to a car price crash. Car repos are causing fear in banks

https://www.youtube.com/watch?v=dsYVIyTMdjQ A car market crash of unprecedented proportions has started to unfold, and the price declines we’ve seen so far in 2023 are nothing compared to what is coming next. According to analysts at UBS and Cox Automotive, an oversupply of vehicles is causing a price war that can trigger a crash much worse than …

READ MORE

Goldman Sachs under federal investigation over role in SVB collapse, reports

The SEC and Federal Reserve are investigating Goldman Sachs’ role in purchasing $21 billion of SVB’s securities portfolio, as well as its role in advising SVB in raising capital. Goldman Sachs is cooperating with and providing information to various governmental bodies, and the Department of Justice has issued a subpoena. Key Takeaways The SEC and …

READ MORE

I-95 will take months to repair due to overpass collapse.

I-95 is going to take months to repair, sparking chaos on the major interstate that funnels 150,000 vehicles across the East Coast every day, officials have warned. Pennsylvania Governor Josh Shapiro last night said the highway was going to take ‘some months’ before it is running smoothly again following the overpass collapse. It comes as …

READ MORE

Tanker Fire Causes Part Of Interstate 95 In Philadelphia To Collapse, Closing Main East Coast Artery:

via usatoday: A tanker truck fire shut down I-95 in both directions after an elevated portion of the heavily traveled interstate collapsed in Philadelphia on Sunday morning, state officials said, raising concerns about possible travel headaches throughout the Northeast. The Pennsylvania Department of Transportation said the fire closed all lanes between Exit 25 and Exit …

READ MORE

It Isn’t Just The Economy That Is On The Verge Of Collapse…

by Michael We are in far more trouble than most people realize.  In recent months, our rapidly growing economic problems have gotten a lot of attention, and without a doubt our economy is heading into really hard times.  The greatest debt bubble in the history of the world has started to implode, and the end of this “mega-cycle” is going to cause an immense amount of …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.