Remember When Banks Were Failing?

Well those failures might have just been the beginning...

The Daily Ninja 3/30/24

Updates From The Economic Ninja

(3/29/2024)

  • šŸšØ The S&P has just issued a negative outlook on five US Regional Banks due to risky office-based exposure.

  • šŸ“ˆ There are people who can predict banking crises way ahead of time, and it's important to pay attention to their warnings.

  • šŸ¢ The commercial real estate market is on the verge of the greatest collapse since the Great Depression, with potential fire sales on the horizon.

  • šŸ’° S&P analyst Brendan Brown warns of potential material deterioration in the asset quality and performance of these banks due to increasing loan maturities and criticized loans.

  • šŸ’° The value of banks' bonds has dropped due to their large exposure to rent regulated multifamily loans and office-based exposure, impacting their debt.

  • šŸ¦ Ninja loans with no income verification are alive and well, charging around 10%, higher than in 2007.

  • šŸ¤¢ It's absolutely disgusting that Congress people can legally do insider trading and become multi-millionaires within a matter of a couple years.

We have set a date for the Bitcoin and crypto AMAā€¦

Itā€™s going to be on Wednesday April 10th at 6:00 PM Pacific Time.

Make sure you register here before the event fills up.

The AMA will feature:

  • The Economic Ninja- Who you know and love, but also who is a bit of a crypto expert himself having had an almost supernatural ability of identifying projects and opportunities in the Bitcoin/Crypto space since Bitcoin was at $500 leading to tremendous personal success in the spaceā€¦

  • @SimplisticChartsJoe - Who makes his living trading the Bitcoin/Crypto + Stock markets and is an expert at making trading and charts simple to understand and almost too easy to capitalize on - with tweets and timestamps to prove it.

  • Dylan Bradley - Who is the #1 Best Selling Author of The Bitcoin Business Accelerator- who is a digital marketing pro and expert on Bitcoin fundamentals and helping entrepreneurs and businesses build Bitcoin into their operations.

The goal of this AMA is to:

  • Share where we are at now in the Bitcoin/Crypto cycle

  • Provide some basic need to know info on what is Bitcoin, why itā€™s important and why we are still confidently talking about it 15 years after it was createdā€¦

  • Clear up some common myths and misperceptions about Bitcoin & Crypto like- ā€œWhat happens if the internet goes out?ā€

  • Make you aware of common scams out there so you are aware and you can keep your hard earned money safe and secure.

  • And of courseā€¦ Introduce a few different ways you can potentially make some extra money in this spaceā€¦

  • And much much moreā€¦

If youā€™d like to submit a question please do so here: https://forms.gle/PUE7pzHB3iqkQxCR7

And make sure to get registered for the meeting here: https://us06web.zoom.us/meeting/register/tZUlcuCgqj0rHdFl48KY0lkXF3qAX-misw7d

Spots are limited and are likely to fill up.

Thatā€™s all the updates for today. Enjoy your weekend and tune in tomorrow for the Sunday Weekly Recap.

-Ninja Out

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