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Money Vanishes From Bank Accounts...
McDonalds Is Struggling With Inflation, Money Disappears From Bank Accounts, And Is Forced Liquidation Coming For Commercial Real Estate Funds?
The Daily Ninja 6/22/24
Updates From The Economic Ninja
(6/21/2024)
๐ธ We are in a world right now where we are seeing out of control inflation, the likes that we haven't seen since the 1970s.
๐ The high prices at McDonald's are causing customers to struggle, with one person having to put their purchase on a credit card because they didn't have enough cash.
๐ฐ The CEO of McDonald's admitted that the company has lost its standard customer base, from low to upper middle class.
๐ McDonald's president claims they heard their "fans" loud and clear, but in reality, people just want lower prices because it's getting too expensive.
๐ธ The perception that McDonald's has become too expensive is being battled, with the government's role in printing money and causing prices to rise being highlighted.
๐ Elderly people are struggling with the rising cost of living, forcing them to dip into their savings just to make ends meet.
(6/21/2024)
๐ฆ Not every bank is going to be taking depositor funds during the upcoming banking crisis, so it's imperative to separate your risk amongst multiple banks.
๐ธ Nearly 109 million in deposits held for fintech Yada Yoda's customers vanished in synapse collapse, raising concerns about the security of digital banking.
๐ฆ The coming banking collapse is going to be very serious and it is not going to need an application to really get all haywi the events leading up to the great financial crisis.
๐ฆ The banking system is in a bad state, with companies claiming bankruptcy and no real record of where the money went.
โ๏ธ Over 100m in deposits just vanished from bank accounts, leaving people with frozen funds and no answers.
๐ The greatest banking crisis since the Great Depression is looming and may surpass it in the next 12 months.
๐ Predictions about the banking crisis beginning in the first or second quarter of 2023 were made about two years ago and have been accurate.
๐ The looming economic downturn could lead to a significant increase in unemployment, causing panic and financial strain for many.
(6/21/2024)
๐ The collapse of the CMBS has officially begun, with investors taking losses in AAA graded tranches, causing shock waves through Wall Street.
๐ฐ Black Rock is heavily in debt and is scraping every dime based off the US tax code, profiting at the expense of pension funds and the nation.
๐ The AAA tranch just failed, bringing into question who's next, as all commercial real estate is failing.
๐ข Forced liquidation of holdings due to lower revenue streams and current rents is causing losses for investors in commercial mortgage back securities.
๐คฏ Most fund managers do not know what they're doing, and pension funds are being managed by people between the age of 25 and 30.
๐ฐ The commercial mortgage back Securities crisis in Europe is about to flow over to the US, causing a real estate crash.
Keep Crushing It!
-Ninja Out