crisis
Sweden’s Preparedness Manual for SHTF in English: If crisis or war comes, government, The military may borrow your property….
In English: The military may borrow your property…. https://rib.msb.se/filer/pdf/30307.pdf h/t Its Time
Africa’s largest economy is battling a currency crisis and soaring inflation
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises in years. The latest data from the National Bureau of Statistics on Thursday showed that the headline consumer price index (CPI) rose to 29.9% year-on-year in January, its highest level since 1996. The surging cost …
Steve Hanke: Incoming Regulations Will Actually Trigger the Next Banking Crisis
ITM Trading, Released on 2/16/24 Professor Steve Hanke joins Daniela Cambone to discuss the current state of the economy and the potential for another banking crisis. He explains why the economy is weaker than the headlines suggest as well as how Fed policies have fueled inflation. Daniela Combone and Prof. Hanke also analyze the risks …
UK ship on verge of sinking after strike & US MQ9 drone downed in Yemen.
Scroll down for English. https://twitter.com/_/status/1759473089400725978 https://twitter.com/army21ye/status/1759476423507497325 AC
BREAKING: House Republicans are taking a 2-week vacation in midst of the border crisis & a national security threat as government shutdown looms
BREAKING: House Republicans are taking a 2-week vacation in the midst of a national security threat and a mass shooting as yet another government shutdown looms. https://t.co/ZlvcNUsJOQ — MeidasTouch (@MeidasTouch) February 14, 2024 And with that, the House will be done for the week by 2:30 p.m. tomorrow. Gone until Feb. 28. Shutdown March 1. …
Chinese economy in major crisis…
China ‘had 20 plates spinning’, and they are all crashing right now, says Hayman Capital’s Kyle Bass Kyle Bass on China: "This is just like the U.S. financial crisis on steroids." pic.twitter.com/UHD0yJ6A8p — Win Smart, CFA (@WinfieldSmart) February 14, 2024 h/t Digital mix guy Spock
The 2008 housing bust suggests China’s only halfway through its property crisis. Here’s how the downturns compare.
The 2008 US housing market crash stands as one of the worst collapses in economic history — and its lessons remain relevant as China deals with its own real estate crisis. Beijing is facing a narrow policy path toward an economic rebound this year, and the International Monetary Fund has warned that the country is …
Close Airbnb loopholes to prioritize housing for San Diego’s homeless, tackling the growing crisis effectively.
As the housing crisis deepens, the corrosive impact of Airbnb on communities becomes increasingly evident. With over 1,000 San Diegans falling into homelessness each month, the question arises: How many Airbnb properties sit empty, exacerbating the crisis? Complicating matters further is a colossal loophole in the ordinance meant to regulate short-term rentals (STRs). While cracking …
Global Real Estate Crisis Looms: USA, China, and Nordic Nations on the Brink
The troubles with CRE are by no means limited to the US. Real estate is the industry accounting for the largest amount by far of distressed bonds and loans globally, much of it from China which has been in a property downturn for more than three years. Distress has also spread to Germany and the …
HOUSING CRISIS: How Canadians are becoming serfs in a neo-feudal society
Celente, a heterodox thinker whose vast body of work includes predicting, among other things, the Great Recession, likens the contemporary financial system to the plantation economy, only circumstances are far more propitious for today’s plantation owners because they don’t lodge and feed their serfs. “You get a job at Walmart or Amazon or Home Depot …
Biden + Media Blame Trump for Border Crisis, Give us Bill Meant to Destroy America
The Democrats and Joe Biden give us a border bill that will allow 5000 illegals a day into the country before emergency measures are triggered, in other words 1.8 million illegal immigrants you’re taking our taxpayer money, and flooding the system, is it for boats, cheap labor, or to destroy the country. Either way, the …
German Bank’s Warning Signals Greatest Real Estate Crisis Since Financial Crisis
In a chilling turn of events, Germany’s Deutsche Pfandbriefbank AG has sounded the alarm, declaring the current state of affairs as the “greatest real estate crisis since the financial crisis.” The contagion that started in the troubled US commercial property market is now making waves in Europe, prompting concerns about broader financial repercussions. This week, …
China’s Stock Market Tumbles: The Hong Kong Crisis Deepens – $6 trillion Market Wipe Out
This video dives into the heart of the Hong Kong crisis as China’s stocks hit record lows, wiping out $6 trillion. It uncovers the complex factors, from a selloff in stocks to real estate woes, triggering a market chaos. Discover the human stories behind the numbers, with families, businesses, and a city grappling with economic …
The Commercial Real Estate Crisis Of 2024 Is Going To Be A Doozy…
by Michael Over the last several years we have seen commercial real estate values plummet dramatically all over the United States. One of the reasons why this is happening is because millions of Americans started working from home during the pandemic, and many of them never returned to the office once the pandemic subsided. Another …
China economic collapse like ‘2008 global crash on STEROIDS’ as warning issued that crisis will get ‘much worse’
A top asset management firm has warned China’s economic crisis is going to “get much worse.” Hayman Capital founder Kyle Bass has warned that President Xi’s overreliance on real estate has sent its economy tumbling toward 2008-era financial conditions. It comes as Chinese markets have suffered a $7 trillion fallout since 2021. Over the last …
This young man is doing a GREAT JOB exposing this “MIGRANT” crisis.
Truth on this fake migrant crisis. Nick and his mom have been everywhere in this country lately. I have seen videos from the border, Denver, Chicago, and New York. He speaks fluent Spanish and asks very important questions that msm won’t touch. Here’s another from eight days ago 14:00 min Here’s another with 600k views. …
China is facing the US financial crisis ‘on steroids’ as the real estate market collapses, famed hedge fund boss says
China’s overreliance on real estate has sent its economy tumbling toward 2008-era financial conditions, Kyle Bass told CNBC on Tuesday. “This is just like the US financial crisis on steroids,” the Hayman Capital founder said. “They have three and a half times more banking leverage than we did going into the crisis. And they’ve only …
Boeing’s Next Crisis: Aerospace Workers Demanding 40% Pay Raise
https://www.bloomberg.com/news/articles/2024-02-06/boeing-labor-strife-poses-next-big-risk-to-plane-production Machinists inspired by auto workers, Hollywood seek 40% raise Labor chief doesn’t want strike, ‘but we’re willing to do it’ Union leaders will demand a 40% pay raise over three or four years, emboldened by a resurgent US labor movement, a scarcity of qualified aerospace workers and pressure on Boeing to stabilize work in …
If Middle East crisis leads to a ‘large disruption’ (6-8mbpd) in oil supply then the World Bank forecasts an increase in oil prices to between US$140 and US$157 a barrel.
via Simon Watkins The ability of either the U.S. or China – or even both working together – to contain Iran’s response to the attacks on its military proxies may have disappeared with the latest U.S. attacks on them. The U.S.’s toleration of increased oil flows from Iran to China also meant that Beijing was …
The commercial real estate crisis sees a $3 trillion asset class struggling…
Banking rollercoaster: From denial to acknowledgment, uncertainty surrounds likelihood of commercial bank failures. Real estate magnate Barry Sternlicht has sounded the alarm on the challenges facing the commercial real estate (CRE) sector, particularly the office market, labeling it an “existential crisis.” Sternlicht estimates that the $3 trillion asset class is now likely worth around $1.8 …
Speaker Mike Johnson Firmly Rejects Senate Immigration Bill, Declares It ‘Worse Than Expected,’ Unfit for Solving Border Crisis.
“I’ve seen enough. This bill is even worse than we expected, and won’t come close to ending the border catastrophe the President has created. As the lead Democrat negotiator proclaimed: Under this legislation, “the border never closes.” If this bill reaches the House, it will be dead on arrival.” I’ve seen enough. This bill is …
Israel’s emergency body warns of potential crisis, ‘extreme war scenario’ in North.
A document warning of an extreme war scenario in the North and recommending preparations for several days of electricity blackout circulated among Justice Ministry employees on Tuesday. Meanwhile, the National Emergency Authority urged all government ministries to develop plans for a week-long blackout, anticipating a large-scale exercise said to occur in mid-February. Similar letters were …
Financial Sector Faces 2024 Crisis: Potential Bank Failure and Derivatives Implosion Loom
Amidst the unfolding year, concerns heighten over a looming financial crisis, with a potential bank failure on the horizon. The Office of the Comptroller of the Currency (OCC) proposes rule changes, including waiving margin requirements for major banks during periods of “high volatility,” sparking questions about the stability of the financial system. The specter of …
Texas Takes Legal Stand Against Border Crisis, Governors Rally for Constitutional Defense Amid Rising Invasion Threats
As Texas faces a brewing showdown with the Biden administration over the escalating border crisis, the Lone Star state finds itself entangled in multiple lawsuits, with at least three challenging its efforts to defend the southern border. Governor Greg Abbott declared on January 24, 2024, that over 6 million illegal immigrants have crossed Texas’s southern …
Biden’s FEMA Blamed for Maui Homelessness Crisis… Residents Forced into Tents, Evictions Soar, Rent Prices Skyrocket…
Maui faces a homelessness crisis blamed on Biden’s FEMA, forcing residents into roadside tents. FEMA’s housing efforts fail, pushing landlords to evict tenants for FEMA occupants, skyrocketing rent prices. Displaced residents receive no aid amid job losses, while vacant short-term rentals compound the issue. 🚨 THE BIDEN ADMIN HAS CREATED A MASSIVE HOMELESS CRISIS ON …
Trump Surpasses Biden in Swing States as Border Crisis Takes Toll on Approval: Bloomberg Poll Reveals Voter Sentiment
🚨 Trump is leading Biden in all swing states pic.twitter.com/X3o9zdcazZ — Benny Johnson (@bennyjohnson) January 31, 2024 Six in 10 swing-state voters say President Joe Biden bears responsibility for a surge in migrants at the US-Mexico border, a downbeat signal for his reelection prospects as Republicans largely avoid blame on the issue, a Bloomberg News/Morning …
As the US border Crisis Worsens So Too Do Europe’s Migration Figures.
by Chris Black At least 275,000 illegal migrants crossed into Europe in 2023 (https://www.consilium.europa.eu/en/policies/eu-migration-policy/), the highest figure since 2016. In Sweden net migration is expected to be 120,000 for 2023 (https://www.scb.se/en/finding-statistics/statistics-by-subject-area/population/population-projections/population-projections/pong/tables-and-graphs/immigration-and-emigration-by-sex-and-country-of-birth-and-projection/). In a country of just 10 million people, only 7 million of whom are ethnic Swedes. Germany’s foreign population is projected to have grown …
Chinese Stocks Plummet: P/E at 10-Year Low, Evergrande Liquidation Sparks Economic Crisis… Real Estate Index in 85% Free Fall
Chinese stocks hit a decade-low P/E ratio at 8, revealing a concerning trend in valuation practices. In a seismic development, a Hong Kong court orders Evergrande’s liquidation, plunging its stock further, while China’s real estate index remains in an 85% free fall. In response to the crisis, China deploys economic stimuli, contemplating a short selling …