So the election of Donald Trump did to the movie industry what billions of dollars in losses couldn’t do, and the NYT is happy to to report it.

CHRISTIAN TOTO: NY Times Declares The Woke Movies Era Is Dead. The New York Times uncorked a withering attack on woke Hollywood movies. The piece flexes its progressive bona fides, but large swathes of the article could have been written by The Critical Drinker or Film Threat’s Chris Gore. The headline and subhead are stunning and brave in their bluntness. Is …

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History repeats: From subprime mortgages to dot-coms, now an everything bubble. A WallStreetBets trader with $1M+ in losses seeks a partner with $1M+ in gains to offset and share savings.

Commercial real estate bubble is popping as we speak. — YW770 (@yosefwolf770) December 11, 2024 1. Stocks: all-time highs2. Home Prices: all-time highs3. Bitcoin: all-time highs4. National Debt: all-time highs5. Core CPI Inflation: >3% for 42 straight months, longest run of high inflation since early 1990s6. Fed: cutting rates again next weekhttps://t.co/R87GogKWA4 pic.twitter.com/iAFkBqmsid — Charlie …

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Bitcoin’s repeated massive drawdowns expose its volatility; gold’s losses remain comparatively minor.

Never, ever forget. Long-term track records on an asset class that implodes every few years are total BS. Anyone stating them needs to be called out as a pumper looking for a greater fool. Last 10 Years – Largest Drawdowns Gold: -22% Bitcoin: -78%, -82%, -55%.#StoreOfValue pic.twitter.com/OKcPL7ZgGU — Lawrence McDonald (@Convertbond) December 5, 2024

If this trend continues, it will turn out that August and October saw JOB LOSSES. Hiring fell sharply before summer and never came back, all of that leading up to the holidays. ADP October payrolls revised down.

⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn out that August and October saw JOB LOSSES. pic.twitter.com/rA3cgv6En6 — Global Markets Investor (@GlobalMktObserv) December …

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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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Silver prices surge past $33.6, exposing banks to massive losses from reckless shorts.

Silver Prices Surge: Banks Face Billion-Dollar Losses TLDR: Silver prices surged over 6%, surpassing $33.6 per ounce. Five major U.S. banks face billions in potential losses from heavy short positions. Open interest in silver futures reached 141,580 contracts, nearly one year’s production. Short positions now estimated underwater by $1.3 billion. Critics argue short selling distorts …

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Europe Faces Billion-EURO Losses Due to Catastrophic Flooding

🇪🇺EUROPE FACES BILLION-EURO LOSSES DUE TO CATASTROPHIC FLOODING Central Europe is experiencing its worst floods in decades, with early estimates of economic losses surpassing €1 billion. Countries like Austria, Czech Republic, Poland, and Romania are among the hardest hit by… pic.twitter.com/IXVD3aLk1T — Mario Nawfal (@MarioNawfal) September 18, 2024 With record floods sweeping down the Danube …

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Goldman Losses On Consumer Business Hit A Massive $6 Billion As Bank Scrambles

…In total, Goldman Sachs has lost a staggering $6 billion pre-tax since the beginning of 2020 “on a big chunk of its consumer-lending businesses, including its credit cards”, a sad confirmation of our 2018 warning. Several factors contribute to Goldman’s massive losses associated with Apple Card, including lax underwriting standards and the resulting charge-off rates that …

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Goldman CEO warns of massive -$400 million losses in Q3 as it unwinds consumer business

Citi: pic.twitter.com/qRIJKv8LZt — The Coastal Journal (@1CoastalJournal) September 9, 2024 Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a …

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NVIDIA has been underperforming financially recently, resulting in significant losses for investors.

NVDA’s stock price experienced significant declines following its earnings Day 1: NVDA’s stock price declined by 2% ahead of its earnings report, likely due to caution and uncertainty among investors. Day 2: Despite reporting good earnings, NVDA’s stock price dropped by 6.38%. Day 3: The market rallied, with semi-conductor peers rising 5-10%, while NVDA’s stock …

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96.7% of community banks report unrealized losses, while Finra underreports $4 trillion in hedge fund margin loans.

https://www.fdic.gov/system/files/2024-09/qbp.pdf Finra, a Wall Street regulator is understating Margin Debt by more than $4 TRILLION dollars, by not counting gigantic Meme Banks who make Margin Loans to Hedge Funds Most market watchers rely on the monthly margin debt figures published by Wall Street’s self-regulator, FINRA, as the reliable gauge in determining how much of securities …

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Nearly half of real estate investors report losses, with 90% losing money on at least one investment.

According to a recent report by Clever Real Estate, nearly half (42%) of residential real estate investors have reported losing more money than they’ve made in real estate investing. The study also found that 90% of investors have lost money on at least one investment. Source: https://metroatlantaceo.com/news/2024/07/90-real-estate-investors-have-lost-money-investment/ https://finance.yahoo.com/news/90-real-estate-investors-lost-124100763.html https://www.prnewswire.com/news-releases/90-of-real-estate-investors-have-lost-money-on-an-investment-302203550.html

Trump Media shareholders don’t care about losses.

Trump Media & Technology Group’s stock dropped more than 11% this week, suffering from sour sentiment after a weak earnings report and the return of former President Donald Trump to rival social media platform X. The company’s woes stretch back to the middle of last month. Since then, the stock for the Truth Social parent …

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Current U3 unemployment formula excludes post-2022 immigration; real unemployment worse with illegal entries. typically, credit card delinquencies follow job losses.

"The formula for current U3 doesn’t included immigration after 2022" So unemployment is worse if you include all the illegals Biden let in https://t.co/mMLn70eql7 — Darth Powell (@VladTheInflator) August 7, 2024 It's strange that credit card delinquencies are rising without much unemployment. Normally dq's follow job losses. pic.twitter.com/ksJHYL6OWX — Random Walk (@MosesSternstein) August 7, 2024

A 0.25% rate hike triggered a -27% Nikkei decline, $6.4 trillion global stock losses. The Japanese Yen Carry Trade unwinding is only 50% complete, warns JP Morgan.

A quarter point rate hike from 0% to .25% caused a -27% decline in the Nikkei, wiped out all gains for the year and caused a global crash w/$6.4 trillion in stock losses. So far.https://t.co/VCez2pIbgq The global stock losses exceed the entire value of the Japanese stock market… pic.twitter.com/CKFGfuwxXw — Mac10 (@SuburbanDrone) August 6, 2024 …

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U.S. Banks Report Unprecedented 23% Surge in Delinquencies As Losses Increase

https://www.youtube.com/watch?v=4-ro9iJPJ3k The U.S. banking sector is currently facing challenges as it deals with a significant surge in delinquency rates, leading to mounting losses. Recent reports have revealed a shocking 23% increase in delinquencies, causing concern for both banks and borrowers nationwide. This sharp rise in borrowers falling behind on their payments has increased bank losses, …

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Banks Facing MASSIVE Crisis As Over $520 BILLION in Bank Losses Threaten Wipeout

The global financial situation is heading towards another crisis, similar to the 2008 recession that affected economies worldwide. This time, the problem is even more serious and has disastrous consequences. The banking industry is facing a crisis with over $520 billion in losses, which has led to significant instability. The Banking Crisis You Need to …

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Deutsche Bank warns of significant losses from commercial real estate, reports €143M Q2 net loss. Blackstone Mortgage REIT cuts dividend amid distress

Deutsche Bank: Deutsche Bank has indeed reported significant losses from its commercial real estate exposure. The bank posted a net loss of €143 million for Q2 2024, largely due to provisions for credit losses and a substantial litigation charge. Blackstone Mortgage REIT: Blackstone Mortgage Trust (BXMT) has cut its dividend by 24% due to rising defaults …

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4 US banks have bigger unrealized losses than their equity capital; over 50 banks face losses exceeding 50% of their equity capital.

As of the first quarter of this year, several banks have faced significant unrealized losses that exceed their equity capital. Here are some notable examples: Union City SVGS Bank: Their unbooked losses equaled a staggering 172.7% of their equity capital. Citizens ST Bank: Unbooked losses at this bank reached 121.4% of their equity capital. Green …

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Over 60 U.S. Banks Will Collapse With $500 Billion in Losses… More Bank BAILOUTS Coming

https://www.youtube.com/watch?v=F1OUZPwiD3Q Unrealized Losses: U.S. banks are grappling with significant unrealized losses, which have reached a staggering $517 billion. These losses primarily stem from their holdings in residential mortgage-backed securities. When interest rates rise, the value of these securities falls. While these losses are realized upon selling the securities, they can become a burden if banks need …

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Indicator spikes precede recessions since ’95; job losses accelerate like Dot Com, Financial Crisis, Pandemic.

US labor market is only strong in the headlines: 1.5 million Americans lost their full-time job in just 6 months. Meanwhile, the BLS and Media Headlines: The US economy has been adding jobs for 40 straight months. Truly incredible.https://t.co/aBnhvZ4VI6 — Global Markets Investor (@GlobalMktObserv) June 18, 2024 Magic, pure magic pic.twitter.com/p914IlcsCP — Michael A. Arouet …

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Ontario’s skyrocketing insolvencies herald an economic storm, foretelling devastating job losses.

The insolvency statistics for Ontario in April 2024 reveal a significant increase. Let’s break down the key points: Total Insolvencies: In April 2024, there were 960 bankruptcies and 3,717 proposals in Ontario. This represents a 6.5% increase compared to the previous month and a substantial 34.3% increase compared to April 2023. Consumer Insolvencies: Consumer insolvencies surged by 22.6% during the 12-month period ending April 30, …

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AND SO IT BEGINS…BANK FAILURES: $517 Billion in Unrealized Losses, $9.3 Billion in Bad Loans Will Spark a Crisis

The FDIC Quarterly Banking Profile for the first quarter of 2024 provides insights into the financial health of FDIC-insured institutions. Here are some key points: Net Income: The banking industry rebounded in the first quarter, with net income increasing by 79.5 percent from the prior quarter. Community banks reported a quarterly increase of 6.1 percent in net income. …

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$2.2T in commercial mortgages maturing, $500B in losses, 63 banks nearing collapse, impending banking crisis.

Approximately $929 billion of the $4.7 trillion outstanding commercial mortgages held by U.S. lenders and investors are set to mature in 2024, marking a 28% increase from the $729 billion that matured in 20231. Additionally, regulators have identified the near $6 trillion pile of outstanding commercial real estate loans as a top threat to the financial system …

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