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Greatest Collapse Ever?
Banks & Commercial Real Estate Are Starting To Get A Lot Of Attention... But Not The Good Kind...
The Daily Ninja 6/6/24
Updates From The Economic Ninja
(6/5/2024)
🏦 Flagstar Bank and Zion Bancorporation are at risk due to their incredible exposure to commercial real estate and vulnerability from resetting mortgages.
💰 More than 60 of the largest banks in the country are at an increased risk of failure due to commercial real estate exposure.
💰 Banks may be forced to write down their entire book of loans, leading to potential financial instability and credit score issues.
💰 Banks facing financial trouble may seek help from regulators and shareholders to stay afloat.
💰 The total CR exposure of Flagstar Bank and Zion Bancorporation as a percentage of their total Equity is alarming, indicating potential trouble for the banks.
🏦 The FDIC was completely insolvent in 2023 and had to force bigger banks to cough up more money for depositors insurance, showing the weakness of the system.
🏠 The real estate collapse is predicted to be the greatest collapse ever, affecting both commercial and residential properties.
🚂 This real estate crash is a big deal, but if you're ready for it, it's gonna be the time of your life.
(6/5/2024)
💰 The Great Depression made more millionaires than any time before, as those who were ready and not over-leveraged were able to capitalize on the economic downturn.
💥 When the amount of extended credit reaches a critical mass, companies crash, leading to job losses and a housing market and banking industry crash.
💰 Even during the Great Depression, people were still able to make money in real estate despite high unemployment.
💸 The government's excessive money printing may lead to mini hyperinflation, affecting rent and causing a deeper economic crash.
💡 You make your money the day you purchase real estate, not as a speculation, but with a purpose in mind.
💰 The mortgage industry is already offering 0% financing and "ghost seconds" with zero interest and zero payments, presenting big opportunities in the current economy.
🤑 There's going to be lots of money to be made if you're ready.
(6/5/2024)
📉 The collapse of REITs is causing panic and desperation among investors, leading to legal battles and attempts to attract new investors to cover losses.
💸 Starwood introduced new restrictions that cap monthly withdrawals at 33% of net asset value, which is just total crap.
Are you taking the steps today so you can make money over this next year?
-Ninja Out