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The Trap Is Set...
Crowdstrike IT Crash Disrupts Businesses Worldwide, Joe Biden Is Crushing Real Estate, The Signs Of The RE Crash Are Here, And This Weeks Top Stories...
The Daily Ninja 7/21/24
Updates From The Economic Ninja
(7/20/2024)
๐ The information related to Cloud strike and the timing of the downturn is absolutely mind-blowing.
๐จ The largest IT outage in history caused by Microsoft and CrowdStrike, disrupting businesses worldwide and even grounding planes.
๐ค According to the statement, it was a single content update that has managed to shut down air travel, credit card payment systems, banks, broadcast, street lights, 911 emergency around the globe.
๐ค The tweet from X about CrowdStrike being impacted is very important and worth digging into.
๐คฏ Trump's reference to CrowdStrike and the potential involvement of wealthy individuals in Ukraine raises serious concerns about the security of sensitive information.
๐ฐ The banking crash of 2023 on a dollar scale is already the entire size of all of 2008 combined, indicating a looming economic collapse.
(7/20/2024)
๐ฅ Joe Biden's plan to cap rent is a massive blow to Real Estate Investors, according to the BBC.
๐ Rent caps may be implemented for properties with 50 units or more, affecting corporate landlords and making homeownership more accessible.
๐ When faced with rising rent, people have the option to stop paying, squat, or leave, but government intervention can complicate the situation.
๐ Mr. Biden's proposal aims to stop corporate landlords from taking advantage of the US housing shortage by raising rent at a higher rate than their own costs have increased.
๐ Nationwide rent prices have risen by 21% since January of 2021, indicating a significant impact on the real estate market.
๐ Rents have increased by 21% as a result of investors needing to raise capital through rent hikes.
๐ "In early 2024 home prices hit an alltime record 6.4 that's actually a lie you're going to find out in a couple of years when they come out and they go oh yeah we screwed with the data."
๐ก Learn how to finance rental properties and save thousands of dollars over the next few years.
(7/20/2024)
๐ The economic ninja accurately predicted the top of the housing market two years ago, showing the importance of paying attention to specific parameters in the real estate market.
๐ Many people are facing bankruptcy and property loss due to the lack of preparation for the current real estate market challenges.
๐ Home prices are climbing as sales are plunging, indicating a potential housing market collapse.
๐ The housing market is in the greatest plunge on a dollar and percentage level since the Great Depression, with homes falling over 8% nationally since December 2022.
๐ฐ Understanding the signs of the housing market can reveal incredible investment opportunities, potentially leading to significant financial gains.
๐ The Great Recession was preceded by a downturn in home prices, indicating a potential pattern for economic downturns.
๐ The relationship between volume and price action in the stock market and cryptocurrency market is crucial for understanding market movements.
๐ The housing market is being propped up by government stimulus and the ability to put zero down on a home, potentially leading to a housing bubble.
This Weeks Top Videos
(7/19/2024)
๐ฆ JP Morgan Chase Bank is facing a situation where customers are unable to access their cash due to a "massive" issue, potentially causing inconvenience and frustration.
๐ธ If a bank restricts access to your own money, having accounts at multiple banks can provide alternative options for withdrawals.
๐ฐ The concept of bank bail-ins and the potential impact on depositors in the event of a banking crash raises serious questions about the security of personal finances.
๐ฐ JP Morgan is not in the business of going out of business, they're not in the business of taking your money out of your accounts.
๐ It's concerning that there are servers with data from people's cell phones showing illegal activities happening worldwide.
(7/19/2024)
๐น Videos of the event were not taken down and the left is claiming it was all faked, despite witness statements and photos of bodies.
๐จ The need for vigilance and being armed with a cell phone and recorder in America is emphasized as a way to stay prepared for potential dangers.
๐ธ Warning about economic collapse while witnessing violent protests and out-of-control spending for meaningless wars.
๐ฐ Presidents who go against the money printing machine are at risk of assassination, leading to a lack of control and fear of pushing too hard for change.
๐ People around the world are watching America fall apart, a country that was once seen as great and built for greatness.
๐ Governments use war as a money printing scheme and a way to rally citizens during economic collapses.
๐ฐ The real estate market is about to experience a massive downturn, and specific funds have been set aside to buy up all the crashing real estate.
(7/16/2024)
๐ The economy and politics are about to undergo shocking changes in the next few months, according to the speaker's predictions.
๐ก "We are spending our hard-earned tax dollars to fund a war in Ukraine instead of helping our own country's issues like homelessness and veterans."
๐ Many people fail to understand the potential for rapid change and downturns in the economy, leading to a false sense of security.
๐ฐ Politicians are fed lies and money from corporations, causing them to lose track of reality and the needs of the people they represent.
๐ฎ This is a signpost of what's coming and if you're ready for this you're going to go charge the mound and absolutely crush it.
๐ High-end retailers like Hugo Boss and Rolex are collapsing, similar to what happened in 2006-2007, indicating a potential economic downturn.
๐คฅ Former Fed chair Bernacki was 100% wrong about the mortgage crisis, yet still received millions in speaking fees, raising questions about the integrity of economic experts.
๐ The value of gold, silver, and Bitcoin is increasing due to the declining value of the dollar, making them more attractive investments.
(7/16/2024)
๐ก Understanding the changes in mortgage rates and pivoting to do something different can help you make a lot of money in real estate.
๐ฐ Mortgage rates have started to fall to levels low enough that buyers might want to start watching and making plans.
๐ณ Negotiating mortgage rates is crucial, as different lenders may offer significantly different terms and fees.
๐ People get excited about lower rates, but brokers may use this to upsell and offer even lower rates at a cost.
๐ "There's never a bad time to buy a house as long as you're buying a house for yourself and you're going to be there for a long time."
๐ณ Rates will only fall in a real term when things are really bad, so be prepared with a good credit score and thick credit file.
๐ Saving money right now is just as good as making money, and with the right knowledge, you can start buying property after property during this downturn.
Keep your head up and crush it!
-Ninja Out