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Will This Be The Year Of Bank Failure?
Banks At Risk Of Failure And Bitcoin Is Poised For A Move According To BR...
The Daily Ninja 5/4/24
Updates From The Economic Ninja
(5/3/2024)
💸 Big banks like JP Morgan are expected to benefit from the failure of smaller banks, creating a potential shift in the banking industry.
💸 Private lenders are repurchasing distressed loans to avoid potential losses, potentially leading to a repeat of the 2008 financial crisis.
🏦 The majority of the banks at risk of failure are smaller lenders with less than 10 billion in assets, creating a potential domino effect in the banking industry.
🏦 The Federal Reserve has a plan to slowly shut down the banking system and make their Bank the biggest, which is hidden from most people.
📉 Hundreds of smaller banks with portfolios in commercial real estate are at risk of failure due to high delinquencies in variable rate loans.
🤯 The economy thrives on keeping people in the dark about the financial system.
📉 The rising inflation and delinquencies on credit card payments and car loans are causing stress for banks.
(5/3/2024)
📈 Blackrock sees a big move coming with Bitcoin, signaling potential adoption and understanding of Bitcoin by major funds.
💰 The more wealthy people that understand what's going on with Bitcoin, the more it gets bought up.
📈 Financial institutions like Sovereign wealth funds, Pension funds, and endowments may start trading in spot ETFs in the coming months, potentially leading to a new wave of investors in Bitcoin.
💰 Black Rock has been priming institutional funds for years, indicating a potential stratospheric rise for Bitcoin due to institutional buyers.
💸 The US dollar's existence and government debt raise questions about its stability and value compared to Bitcoin.
🤔 "Do I believe that some government entity created bitcoin a long time ago absolutely I do."
(5/8/2024)
Another LIVE AMA is on the horizon…
Mark your calendars for for 5 PM Pacific on Wednesday May 8th.
I will be hosting a free live AMA to answer your questions about Bitcoin, where it’s at, where it’s going and how you can capitalize on that.
We had such an amazing turn out last time and the meeting room filled up FAST!
This time we have doubled the size of the meeting room so that we can hopefully accommodate everyone.
So get signed up and bring your questions because we are going to cover a lot.
Be prepared, not scared!
-Ninja Out