Surge in Property Defaults Poses Risk to Hundreds of US Banks

submitted by Tom_Bombadil from (telegraph.co.uk)

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[–]IkeConn 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (0 children)

Well fuck the banks.

[–]blackpoop321 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

worship me, for I have brought you plebs a proper link:

https://archive.ph/fONZt

[–]William_World 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

they'll just get bailed out

[–]HiddenFox 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

^

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I think they'll collapse this time. Except for the major banks.

[–]William_World 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

probably a good thing

[–]HiddenFox 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (18 children)

Why is this even a headline. If shit goes down the government will just toss a few more trillion dollars on the debit wagon and bail them out. They did it before and things worked out...for a while. It's someone's kids - kids problem, let them figure it out.

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (17 children)

The Fed is broke. Sounds crazy, but it's true.

Will The Federal Reserve Need A Bailout?! (Yes...Here's Why)

[–]William_World 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (16 children)

that guy has no idea how the fed reserve works.

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (15 children)

He knows exactly how it works. He's had former Fed employees as guests.

They are censoring his channel, because he's over the target.

[–]William_World 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (14 children)

censored? I wouldn't have seen it from your link then. Fed officials can't be trusted, they'll never admit it's owned by rothschilds and they just print money. They just worry about inflation but they can't "run out of money" or need to be bailed out themselves.

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (13 children)

You clearly didn't watch the video. The swedish central bank just went public with bailout request. Both central banks are stuff m structured the same way, they both have the same problems.

The Fed cannot magically make money. They have issue treasury bonds, and someone has to be willing to buy them. If there's no buyer then it's game over.

Central banks have been selling US Treasury bonds, and the Fed has been forced to buy them back. They're broke.

Gammon is certainly being censored. They censored him 3 minutes into this live show today.

Jim Grant Just Made An Incredible Prediction On Interest Rates

He focuses on macro economics, so if they're to heavy handed then they'll draw pubic attention.

He's definitely over the target.

[–]William_World 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (12 children)

i did watch it, was just mistaken. I'd recommend money masters if you want to learn about the fed reserve

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (11 children)

Mkay. Is money matters recommending buying gold?

[–]William_World 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (10 children)

money masters

here's a hint. the federal reserve is not federal and it has no reserves. There's no gold in fort knox.

[–]Tom_Bombadil[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (9 children)

here's a hint. the federal reserve is not federal and it has no reserves. There's no gold in fort knox.

Yes. Money is debt.

The Fed needs to issue Treasury bonds to create additional debt for citizens to pay back.

Someone has to buy this debt. The Fed cannot buy it's own debt.