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Moves In Real Estate, The Economy, Geopolitics & More In This Sunday's Weekly Recap...
The Daily Ninja 5/19/24
Updates From The Economic Ninja
(5/17/2024)
π China is allowing state-owned companies to buy up unsold homes to stabilize the market, a move that may soon be seen in America during the next housing crisis.
π° PBC unveils a $42 billion monetary Cannon to boost debt in the housing market, a strategy that may soon be followed in America.
π° The new $42 billion program aims to provide cheap funding for state-owned companies to purchase unsold homes.
π China's practice of buying up homes for renters may soon be followed by America.
π° Policy makers in China are pushing for property policy easing and measures to balance the supply heavy housing market.
π° "The government may soon open up the floodgates on second mortgages, making it feel like a great opportunity."
(5/18/2024)
π° China dumped a record number of US treasuries and agency debt bonds worth a staggering $53.3 billion, marking the largest selloff initiated by China ever recorded.
π€― The belief that fancy cars and suits make investment bankers knowledgeable is debunked by the fact that the Great Financial Crisis happened with similarly dressed individuals at the helm.
π° Belgium dumped $22 billion worth of treasuries during the same period, showing that even European nations are beginning to distance themselves from the US economy.
πΈ Banks are predicted to collapse, with big people on Wall Street forecasting 80 to 800 Banks collapsing in the next few years.
π The cycle of fear and stability in the market presents an opportunity to invest in government bonds and municipal bonds at high rates.
π "When you understand the fundamentals of something, you're begging for a discount."
π€ "I can't tell sometimes between a straight liar and a fool."
πΈ Nations are walking away from the dollar, and the bricks are dumping treasuries, signaling a significant shift in global financial power dynamics.
(5/17/2024)
π΅οΈ The government and Federal Reserve are deceiving the American people, and their lies are so blatant that they can't even speak without fumbling in their words.
π The prediction of an impending crash and the advice to scale back on spending raises questions about the stability of the economy.
π€₯ A good con man will invoke your selfish desires to make you believe their lies.
π° The idea of buying exotic cars at rock bottom prices as a result of patience is intriguing and thought-provoking.
π€₯ The speaker accuses someone of being caught in lies during an interview.
π₯ The prediction of a wave of real inflation in the country since the 70s has started to come true, with the impact of supply chain crunch and people being forced to stay at home.
π° The anticipation of lower rates by gold and silver traders is driving up prices, indicating a potential economic shift.
π» The government is poking the bear, and the bear is going to roar - we're coming at them by not believing their propaganda and getting out of debt to compete with big corporations.
Weekly Recap- The Top Storiesβ¦
(5/16/2024)
πΈ The Iraqi dinar has always been worth two to three times more valuable than the dollar before the invasion of Iraq.
π¦ "It's one of only two currencies in America that I cannot go into a bank and buy..." - The fact that Iraqi dinar and Vietnamese Dong cannot be bought in banks raises suspicion and adds to the controversy surrounding their value.
π The disparity in gold reserves between Iraq and other major economies raises questions about the global economic power dynamics.
π The dollar hegemony is collapsing, leading countries like Iraq to buy gold as a hedge against the weakening dollar.
π In April, the price of an ounce of gold exceeded $2400, the highest level recorded in history, highlighting the increasing value of gold as an investment.
π The push for a One World Currency and government by globalists is seen as a threat by some nations, leading to resistance and defiance.
πΊπΈ The US government not only destroyed the gold standard in the 30s, but also walked away from the gold window and shut it for redemptions in the 70s.
π° The Iraqi Dinar has been the only currency since 2001 or 2002 that has significantly increased in value compared to the US dollar.
(5/14/2024)
π The Ninja predicts a financial crisis in the next 90 days that will lead to people losing their homes, vehicles, and jobs.
π The producer prices rose 0.5% month over month, with the year-over-year reading rising to 2.2%, the highest since April 2023.
π Producer prices are rising, which means higher prices for consumers, leading to potential struggles with paying bills.
π° Mainstream media has the power to influence public panic and perception of economic events, as seen in the 2008 recession.
π¨ The Federal Reserve is likely to put out dangerous propaganda and lower the FED funds rate before the election, causing a dip in the bond market.
π° The comparison of modern society to medieval serfdom and the concept of oligarchs taking away rights is thought-provoking.
(5/12/2024)
π€― The SEC is freaking out about XRP, and it's way bigger than just replacing the Swift system worldwide.
π€― The SEC has completely and utterly failed in court against Ripple, making a mockery of the case.
π The crypto space offers incredible opportunities despite massive regulations, but lack of knowledge and understanding can lead to significant losses.
π° The legal battle between Ripple labs and the SEC dates back to December of 2020 when the commission filed a lawsuit against the firm alleging the sale of unregistered Securities in the form of xrp totaling around 1.3 billion.
π Bringing crypto fundamentals to the masses is important for widespread adoption and understanding of the value of cryptocurrencies.
π The SEC believes that the digital asset listed on coinbase's platform are securities and sales through the platform are investment contracts.
π The US government's potential loss of Swift could have significant global implications, impacting its ability to sanction other countries.
π The fear of missing out on Bitcoin at $100,000 will lead to family and friends who mocked you to start buying it.
(5/14/2024)
π’ Condo prices are not fixed during a real estate and inflation crisis, creating potential pitfalls for owners and investors.
π° Condominium collapses can present amazing buying opportunities for investors, especially when special assessments for repairs shock homeowners.
π Taking advantage of the hysteria in sellers can lead to significant price reductions, possibly even 10%, allowing for potential profit.
π° Wealthy elites and regular condo owners alike are facing the crisis of insurance cancellations and exponential rate increases, creating a significant impact on their financial stability.
πΈ Condo complexes are raising HOA fees to $800 or $1000 a month, causing extreme stress and leading to evictions.
π° Condos are the first to fall in a market crash, making them a great opportunity for investment.
π Opening up a free live AMA to answer real estate questions and solve problems for everyone is a great way to share knowledge and help others in the industry. Keep an eye out on your email for details this week.
(5/15/2024)
π Inventory is exploding and interest rates keep going up, leading to a potential downward trend in the State of Florida's real estate.
π The rush to sell homes in Florida is evident as people are looking to offload their properties, impacting the real estate market.
π The size of down payments in Florida dropped 3% on a yearly basis, indicating a rush to buy cheaper homes as prices drop.
π Mortgage rates are now hovering above 7% making borrowing to finance purchase home more expensive which is impacting what people are able to generate in terms of down payments.
π± The Federal Reserve's plan to raise mortgage and interest rates will create a slow economic death for homeowners, and people need to refinance their homes now before the crash.
π People that are diving in right now see a 5-10% 15% drop on a home price as compared to a couple years ago, that ain't nothing.
Thatβs it for this weeks recap. I hope you have an amazing Sunday and get ready for a great week ahead!
-Ninja Out