X22 Report

Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation with the fake job numbers, the job numbers have been manipulated and the Fed is using them to make their decision. The Fed knows the stats are fake because the entire economy is fake. Japan had to raise rates, they will do this again. When the Fed cuts the rates people will sell off and move into the bond market, Japan will most likely raise rates, this will push the market down and the people will panic. We could see a red October.

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Click On Picture To See Larger PictureThe green new scam is just that a scam, the official who is pushing for green airplane owns an oil well. Harris cosponsored the bill to mandate EVs. CA has no money, they do not have the funds to spend on the illegals. The court struck down Biden cancelling student debt. Red October will give Trump what he needs. The [DS] is showing the world that they are a criminal syndicate and they are desperate, they are going all out and the people are seeing who they really are. The [DS] is planning to rig the elections again, they will try to cheat via mail in, but most likely they will allow Trump to win and not certify the election, they will create chaos, this time around Johnson is the speaker, the [DS] will be exposed.

 

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Economy

Biden Admin Official Spurring Green Airplane Initiative Owns An Oil Well

A senior Federal Aviation Administration (FAA) official leading the White House’s green airplane push owns an oil well in Wyoming, the Washington Free Beacon reported Wednesday.

FAA administrator Michael Whitaker’s financial disclosure form, made public this month, shows he owns an oil well in Uinta County, Wyoming, and leases it to Hilcorp Energy, the U.S.’ largest privately owned oil company, the outlet reported. Whitaker, who has tightened a variety of fuel efficiency standards for commercial airplanes while running the FAA, claimed the well was worth as much as $100,000 and reported $5,000 in annual royalty earnings from his leasing arrangement with Hilcorp.

https://twitter.com/andrewbostom/status/1828739537146654979

 

Source: dailycaller.com

https://twitter.com/DonaldJTrumpJr/status/1828534256164860103

California Democrats Vote to Force Taxpayers to Subsidize $150,000 Down Payment on Homes for Illegals – But the CA Department of Finance Confirms the Program Has No Money!

California Democrat state senators on Tuesday overwhelmingly voted to pass a bill that would give illegal aliens $150,000 interest-free home mortgage loans.

Illegal aliens will get zero down payment, interest-free home mortgage loans under this new bill.

After the California Senate advanced the bill allowing illegal aliens to apply for the state’s first-time homebuyer’s program, the California Department of Finance confirmed the program has no money to give.

 

The mortgage loan program for illegal aliens wasn’t given any new money after the state budget was agreed to in June.

https://twitter.com/ZavalaA/status/1828536881338032312

Source: thegatewaypundit.com

https://twitter.com/KobeissiLetter/status/1828776038819565649

 126,000 over the last 12 months. White-collar job growth has been steadily declining for the last 3 years. In the past, such a significant drop was only seen in 2000-2001, the 2008 Financial Crisis, and the 2020 Pandemic. The US labor market is weakening.

https://twitter.com/realDonaldTrump/status/1828616319228391525

 

https://twitter.com/KobeissiLetter/status/1828510365807747513

  to banks as interest payments. Including those payments, effective interest costs over the last year hit a RECORD $962 billion. The US government needs lower interest rates more than anyone.

Political/Rights

Ford Will 'Modify' DEI Practices, End LGBTQ Ranking, Report Says 

 be no more donations to pride events or other divisive events.

• ERG groups must be focused on business.

• No supplier or dealership diversity quotas.

• CEO calls for respect and civility toward all ideologies,

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Click On Picture To See Larger PictureThe [WEF] is now showing everyone what they want our future to be, we will not leave the cities, will share cars, our main transportation will be bicycles, it will get worse. The [DS]/[CB] are now showing everyone who they are. Countries are seeing that the blockchain is the way to transact business across the border. The [DS] are now fighting amongst each other. [KH] is trapped in the copycat policies. They would rather her not debate Trump, Trump has now worked out the terms of the debate. Trump sends a warning that when Biden debated him it didn't work out well, he was replaced. Will this happen to [KH]?

 

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Economy

https://twitter.com/WallStreetApes/status/1828127513928966470

 ” “Residents will be encouraged to cycle, use public transport” “Everything that residents need will be within walking distance” This sounds like hell and it’s coming to America if you vote Democrat

https://twitter.com/TrumpWarRoom/status/1828511056446038384

California to Provide Subsidies of Up to $150K for Home Buyers - but Only If They're Illegal Immigrants

https://twitter.com/BehizyTweets/status/1828257576284226015

  house they want. Democrats HATE Americans! Her name is Jean Jacques, and she said, "I'm not going. They'll have to bury me because I have no place to go... They have all my money." Instead of taking care of our seniors, Democrats are fixated on giving freebies to illegal criminals. God bless this innocent lady.

BREAKING: California approves AB 1840, allowing undocumented immigrants to receive up to $150,000 in housing grants. The California Dream for All allows residents to earn 20 percent in down payment help from the state. It's a highly competitive program, with only 1.700 Californians previously receiving the grants out of 18,000 applicants.

https://twitter.com/elonmusk/status/1828189258475008037

 

https://twitter.com/KobeissiLetter/status/1828418181678932215

 accounted for just ~25% of the S&P 500. Now, this percentage even exceeds the 2000 Dot-Com bubble levels by ~12 percentage points. A few key stocks *are* the stock market.

Russia to Launch Cryptocurrency Exchange Trials for Cross-Border Payments Starting September 2024 

  In a move to circumvent Western restrictions, the Russian government has announced plans to launch regulated trials of cryptocurrency exchanges for cross-border payments starting on September 1, 2024.

According to sources familiar with the plan, Russia will utilize its National Payment Card System (NPCS) to facilitate the exchange of rubles into cryptocurrencies for international transactions. The NPCS, which currently handles ruble-denominated interbank settlements, will be adapted to support these crypto-based payment trials under the supervision of the Central Bank of Russia.

Russia's central bank had previously pushed for a complete ban on cryptocurrency activities, citing concerns over financial stability and illicit activities. However, the narrative has now shifted, with the government viewing digital assets as a potential tool to mitigate the impact of sanctions.

Source: finance.yahoo.com 

Political/Rights

Oklahoma Teen Bravely Fights Back Against Woke School Officials After Being Told He Can’t Fly American Flag from His Pick-Up – Community then Rallies Behind Him with Patriotic Protest (VIDEO)

An Edmond, Oklahoma, high school student is fighting back against woke school officials despite facing disciplinary action after being told he couldn’t fly an American flag from hi...

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The D party is working overtime to distract from the fact that they caused the inflation, but this is not working because they do not control the flow of information. In the end, the people are going to learn that the Fed is not independent, it is aligned with the [DS] agenda, game over. The [DS] is struggling, all the have is the fake news to push their message, the people are no longer listening. Trump has let everyone know that he has destroyed the Clinton, Biden and Obama dynasty. He has now confirmed that he has been in government for 8 years, which means he is the commander in chief. The people now have the tools they need to fight agains the tyrannical government and the people must vote them out.

 

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Economy

https://twitter.com/ChefGruel/status/1827919115698479162

  make $.02 on every dollar they bring in. This is just more propaganda to trick people who don't understand business. As for the CEO pay, sure, it's probably excessive, but even if you removed the CEO altogether, their net profit would probably change .0000001%

https://twitter.com/WallStreetSilv/status/1827979301515338232

 

https://twitter.com/KobeissiLetter/status/1827795442832224438

  first reduction. To put this into perspective, the average length between the last hike and first cut is 8 months. The Fed is set to cut rates in September which would mark 14 months from the last rate hike. The battle against inflation has been a long one.

https://twitter.com/KobeissiLetter/status/1827815700477751709

 Bank of Canada, and the Bank of England in joint liquidity withdrawal from the financial system. In the past, whenever a material amount of liquidity has been withdrawn, markets experienced significant volatility. Since 2022, the Fed has shrunk its balance sheet by $1.8 trillion, to $7.2 trillion, and the ECB by ~$2.7 trillion to ~$7.1 trillion. History says volatility is not going away.

Study Reveals the Myth of Federal Reserve Independence

According to Federal Reserve Chairman Jerome Powell, “The Federal Reserve's monetary policy independence is an important and broadly supported institutional arrangement that has served the American public well.”

According to Professor Thomas J. Weber at Pace University Lubin School of Business, this is nothing but a myth.

In a recently published paper, Webster argues that the relationship between the Fed and the U.S. government is more like a captive’s relationship with his captor.

 

Webster argues that “a more economic description of the Fed’s relationship with the executive and legislative branches is regulatory capture (also called agency capture).”

“This occurs when a government agency is politically co-opted into serving the special interests of the institution it is meant to be regulated.”

While the Federal Reserve isn’t supposed to regulate Congress, it is tasked with independently maintaining “price stability.” Webster asserts that the central bank abandons this mandate and instead prioritizes enabling government borrowing and spending. In effect, the central bank is the engine that drives the massive U.S. welfare-warfare state.

Source: goldseek.com

 

Political/Rights

https://twitter.com/mrddmia/status/1827896902534193660

It cost $450 billion paper year to care for illegal aIiens, but they tell us $10 billion for a wall is too expensive.

https://twitter.com/WallStreetSilv/status/1827895604611080662

Geopolitical/Police State

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Click On Picture To See Larger PictureThe climate hoax is being pushed by the fake news and it has been debunked in a matter of minutes. Big fail. The Fed is basing it's decisions on fake data, they know the data is fake. They will use this to blame the Biden admin. The [CB] is being manipulated to allow alternative currencies to rise. The [DS] is panicking over RFK Jr joining Trump. They are losing their base a little bit at a time. As war approaching and the economy failing they will take an even big blow. Soon the D party will cease to exist they way we know it. Nov 5th is the most important day, the military is the savior of mankind. MI provides vital information to Trump. After the election the patriots go operational.

 

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Economy

https://twitter.com/TomFitton/status/1827427790481743940

2.  modeling exercise based on an unvalidated IPCC model, i.e, the most extreme model, RCP 8.5. Even climate hoaxers are running away from that model.

3. If either Nature or the the study authors were minimally honest, they would have presented these "results" as a prediction that would need to be verified over time. This mere prediction is hardly newsworthy and is only meant to scare people.

4. What increases with atmospheric CO2 is the amount of junk science.

https://twitter.com/JunkScience/status/1827345459301535926

 the 1930s.

https://twitter.com/KobeissiLetter/status/1827449318434865431

  months. In past economic cycles, this metric has led the nationwide unemployment rate by roughly 12 months. This also means that the jobless rate could spike as high as 5.5% in the coming months. Should that materialize, the US economy would fall into a recession in 2025. Is the US economy headed for a recession?

https://twitter.com/KobeissiLetter/status/1826984768585511413

5. Balance of risks to Fed mandates has changed

6. Inflation has declined significantly toward the goal

The Fed pivot is officially here.

‘New Oil And Gold’—Crypto Is Suddenly Braced For The ‘Most Important’ Week After A Federal Reserve-Powered Bitcoin Price Surge

Bitcoin has rocketed higher this week after Federal Reserve chair Jerome Powell dramatically announced the "time has come" for interest rate cuts (though some are more focused on a China bazooka).

The bitcoin price has surged to over $64,000 per bitcoin, climbing sharply from lows of under $50,000 earlier this month as U.S. dollar collapse fears suddenly reemerge.

Now, as Donald Trump's sons plot a radical plan to "shake up" the world of banking and finance, a widely-respected analyst has predicted this week could be one of "the most important" in years for tech stocks and the closely correlated bitcoin and crypto market.

 

Source: forbes.com 

Political/Rights

https://twitter.com/EuropeInvasionn/status/1827313350268666099

Same in CA and this is what they want for this country

 

https://twitter.com/elonmusk/status/1827670862771716468

Geopolitical/Police State

https://twitter.com/disclosetv/status/1827652605935341725

Pavel Durov Arrested by France To Kill Telegram

We are headed into 2032, and every day that passes brings another step closer to revealing what I have warned about: this last 8.6-year wave will become the most authoritarian as the government realizes it is losing control. The latest was to arrest Pavel Durov because he created Telegram, which is free speech, with both Zelensky and Russians saying their piece. That is not acceptable from the West, which claims they are defending democracy when they are acti...

Claudio begins his discussion talking about how the people are no longer going along with the [DS] plans, the [DS] plan is failing, the truth is rising to the top, people are now questioning their governments. People are now beginning to unite. Change is in the air. The economy is breaking down, more people will wake up. The plan is to wake up as many as people as possible.

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The climate scientist are confused, they do not understand why the planet is not heating up they way it's suppose to. Revisions and lying are now the new normal for the D's. The [CB] has now signaled that everything is about to change to support the D party. They will use the fake data to cut the rate in September. The [DS] is panicking, they got [KH] as the nominee but now their entire agenda is falling apart, they will need to make a change, if they keep her in they will lose all voters. The economic system is imploding, will we see a red October. RFK Jr endorses Trump and hopes he will be included in the administration to combat Big Pharma, and drain the swamp. Time to unite the country.

 

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Economy

The Atlantic Ocean is Cooling at Record Speed and Climate Hoaxers Are Absolutely Baffled!

The Atlantic Ocean is now cooling at a record speed, leading climate alarmists absolutely baffled.

While temperatures in the ocean were recently reaching record highs, that trend has gone into reverse over the past year, confusing scientists and those warning about an impending global catastrophe.

The New Scientist explains:

Source: thegatewaypundit.com

https://twitter.com/KobeissiLetter/status/1826964738959376563

Harris radio silent on $5 trillion in tax hikes she reportedly backs 

Vice President Kamala Harris has not spoken publicly about her reported embrace of President Joe Biden’s $5 trillion tax plan, which includes the controversial measure of taxing the unrealized capital gains of the nation’s wealthiest.

With no fanfare or announcement, the Harris campaign signaled that she supports the proposed tax increases that were part of Biden’s 2025 budget proposal this week. The ambitious tax increases, if passed, would mark a major change in U.S. tax policy, but Harris, whom Republicans have worked to tie to the more unpopular Biden, has not discussed the tax agenda.

Source: washingtonexaminer.com

Kamala Harris Goes Full Globalist at DNC, Attacks Trump’s Populist Tariffs

Vice President Kamala Harris attacked the idea of placing United States tariffs on foreign imports to favor domestic producers during her speech at the Democrat National Convention (DNC).

“And all the while, he intends to enact what is in effect a national sales tax — call it a ‘Trump tax’ — that would raise prices on middle class families by almost $4,000 a year,” Harris said.

Harris’s attacks on U.S. tariffs also come with a high risk as leading Democrats in Congress such as Sens. Gary Peters (D-MI) and Debbie Stabenow (D-MI), as well as labor unions and many Democrat voters, support some of Trump’s tariffs that have been left in place by President Joe Biden and want a future president to expand those tariffs.

 

The United Auto Workers (UAW), for instance, is hoping to get U.S. tariffs increased on foreign cars to protect American auto jobs and wages.

A recent YouGov poll found that almost 6-in-10 Democrat voters want current U.S. tariffs kept in place or increased altogether.

Source: breitbart.com

Trump said he was going to use Tariffs to fund the government, Mckinley did it. Using tariffs we do not need the CB

https://twitter.com/alx/status/1826467060815171660

So if everything that Trump did is so bad, tariffs, tax cuts, reworking the trade deals, reverse it all just like they did the border. The reason they cannot because everyone would notice, it would effect everyone immediately.

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Click On Picture To See Larger PictureThe green new scam is finished. The people never demanded electrical vehicles, the [CB] pushed it on the people. The economy is breaking apart, it looks very similar to 2008 but worse. The numbers the Biden/Harris admin have been putting out are fake. The Fed will bring it all down. The [DS] is putting everything in place to go for it this election. They are now ramping of the plandemic, they are hacking systems to build the narrative of a cyber attack, they are pushing war. Trump will not accept intelligence briefings because he does not need the clown intelligence, he is using military intelligence to tell him what is going on. Trump lets everyone know justice is coming.

 

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Economy

Ford Ditches Plans For Electric SUV As Industry Continues To Backpedal From EVs

The trend of legacy automakers ditching their plans and investments in EVs continues, with Ford reportedly the latest to cancel plans for a large three-row electric sport-utility vehicle, according to a new report from the Wall Street Journal.

The company will take $1.9 billion in related special charges and write-downs as a result, the report said.

Ford is canceling due to pricing pressures and increased competition, instead opting to focus on hybrid versions of its popular Explorer and Expedition models.

This decision reflects a broader trend among automakers that we have written about over the last year or two, especially since the UAW extorted negotiated their latest labor contracts from the Detroit automakers.

Additionally, consumer demand has been weaker than anticipated, with concerns over cost and charging infrastructure. As a result of all of these factors, combined with increased competition out of China, legacy automakers are scaling back EV investments. VW also announced it was stepping back from EVs to focus on hybrids earlier this year, as we wrote in May.

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1826629415377240550

  of the average monthly disposable personal income. By comparison, this share was significantly lower in 2019, at ~24%. In other words, rents have risen much faster than post-tax household income. Even renting a home is becoming a luxury.

https://twitter.com/BehizyTweets/status/1826330352618799345

  qualify for the program “The social and economic benefits of homeownership should be available to everyone." - Assemblymember Joaquin Arambula Specifically, AB 1840, will prevent the state’s Dream for All Shared Appreciation Loans program from denying individuals on the basis of their immigration status.

The program will allow applicants to get "loans" of up to 20% of the home’s purchase price — or, about what a typical down payment is — with zero down payment on the state loan required. There are also no provisions on how the "borrower" can pay back. Meaning they can get the home and live in it for as long as they want without ever paying a dime I know, I'm still trying to wrap my head around it too. I guess trying to use logic to understand what CAN'T be logical is pointless.

https://twitter.com/KobeissiLetter/status/1826365057183129614

  respondents reported decreases in full-time jobs, the highest share since May 2020. Additionally, non-manufacturers' general assessment of business activity plummeted to -25.1 points, the lowest level since December 2020. The labor market is cracking.

https://twitter.com/EndWokeness/status/1826282262129987762

https://twitter.com/erictrump/status/1826379313673109866?

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The people can now see through the green new scam. Trump will remove everything they put into place, the people will the economy grow. The unemployment numbers are an illusion, the Fed is basing everything off of fake numbers. The Fed is ready to cut the rates in September. The DNC is a complete disaster, ratings are falling and the illusion is now disappearing. The storm is approaching which means the economy is going to crash, the country will be attacked and war is on the horizon. The people will be faced with a major choice. Go with the party that is destroying the world or choose the man that wants peace. Trump mentions the real generals once again, building the narrative.

 

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Economy

  shut down Power Plants, even as the cost of Energy and Electricity is up 30 to 50% and climbing - NOT IF I’M PRESIDENT! I will cut your Energy costs in HALF, and Net Zero will be DEAD on Day One!

BIDENOMICS: General Motors Announces Cuts of 1,000 Software Engineers, 600 in Michigan – The Day After UAW President Endorses Commie Kamala at DNC

UAW president Shawn Fain endorsed commie Kamala Harris at the DNC Convention on Monday.

On Monday night United Auto Workers President Shawn Fain endorsed Kamala Harris at the DNC Convention in Chicago.

Fain called Kamala Harris a “fighter” for the working class and denounced Donald Trump as a “scab.”

During President Trump’s first term, he prioritized bringing manufacturing back to America.  And that is exactly what he did.

According to a 2019 White House report:

President Trump followed through on his pledge to workers across the country that he would bring back American manufacturing – with more than 500,000 new manufacturing jobs created since the election.

Manufacturing job growth soared to a more than two decade high in 2018, bringing opportunity to communities that had been left behind.

Manufacturer optimism has skyrocketed under President Trump, reaching a new record high last year.

Thanks to President Trump’s pro-growth policies, manufacturers are deciding to keep their factories running and jobs here in America.

Across the country, our Nation’s great aluminum and steel mills are roaring back to life thanks to the tariffs put in place by the President.

Joe Biden put pressure on manufacturers, destroyed the energy sector in America with job-killing regulations, and pushed his expensive green agenda.

Joe Biden’s EPA also forced car manufacturers to produce electric vehicles. This was a manufacturing disaster.

According to a February CNN report:

Source: thegatewaypundit.com

Macy's Plunges On "Sharp Cut" To Full-Year Forecast; Goldman Expects Consumer Weakness To Persist

Department store chain Macy's missed analysts' estimates for its quarterly revenue and lowered its outlook for sales for the full year, citing "more discriminating consumer and heightened promotional environment relative to its prior expectations."

The department store operator said Wednesday in a statement that sales in the second quarter through Aug. 3 fell 3.8% to $4.9 billion, missing the Goldman Sachs consensus of $5.10/$5.06 billion.

"In the second quarter, we began to see the customer become even more discerning," CEO Tony Spring said in an interview, as quoted by Bloomberg.

Spring continued, "We did not see any material change in our traffic. We did see a change in conversion, and that to us really means people were either distracted, or they were even more cautious than we had seen previous...

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The [CB] plan is backfiring, the more they do the worse it is getting for them because the people are waking up and they see the truth. [KH] can not escape the economy, [JB]/[KH] are trapped in Obama's plan. The people understand that the economy is failing. Obama's insurgency is failing, the people are not buying the lies anymore. The more the [DS] pushes the worse it is getting for them. The people are waking up and they see the real issues now. The economy is the number one issue, soon war will be. No matter what they try to do they will fail. This is why they are pushing for chaos and war, this is all they have left but this will fail in the end. The counterinsurgency is working.

 

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Economy

https://twitter.com/disclosetv/status/1824737733316641014

Another One Bites the Dust: Morton Salt Joins Exodus from Illinois, Relocates Headquarters to Kansas, Citing State’s Hostile Business Climate

In yet another blow to Illinois’s crumbling economic landscape, Morton Salt, the iconic company behind the blue and yellow umbrella girl and was founded in Chicago, has announced its decision to relocate its headquarters to Overland Park, Kansas.

The move comes as no surprise to those closely monitoring Illinois’s increasingly hostile business climate, which has driven several major corporations to flee the state in recent years.

In 2021, the Chicago Tribune reported, “Morton Salt, the 173-year-old Chicago company recently purchased by a California investment firm, laid off 120 employees at its downtown headquarters… slashing its office staff by 40%.”

“We can confirm that Morton Salt made the difficult decision to reduce its corporate workforce by approximately 120 employees in our Chicago offices,” Morton Salt said in a statement.

More from Illinois Policy:

The Tax Foundation’s State Business Tax Climate rankings of Illinois and neighboring states in 2018 compared to 2024 shows Illinois has become increasingly more hostile towards businesses during the 6 years, dropping 8 spots.

Source: thegatewaypundit.com

Rite Aid Shuts Down All Stores in Two States, Leaving Tens of Thousands Scrambling for Essential Medications

Rite Aid has announced the closure of all its stores in Michigan and Ohio, following a staggering total of over 856 store closures since filing for Chapter 11 bankruptcy in October 2023.

This drastic reduction represents approximately a quarter of the chain’s original 2,111 locations, as reported by the Daily Mail.

With this latest announcement, all 234 Rite Aid locations in Michigan and 183 in Ohio are set to close, forcing customers to scramble for alternative pharmacies.

List of Affected States:

Michigan

Ohio

Washington

Delaware

Pennsylvania

Virginia

New Hampshire

California

Maryland

Idaho

New York

Oregon

Massachusetts

New Jersey

Connecticut

Nevada

Source: thegatewaypundit.com

https://twitter.com/KobeissiLetter/status/1824915728572833933

 fastest pace since the 2008 Financial Crisis. Many lenders hoped that the commercial real estate (CRE) sector would recover and were reluctant to foreclose properties until recently. Meanwhile, there is still over $6 TRILLION in CRE debt in the US with 50% of this debt held by banks. Small banks, the same banks that almost collapsed in the regional bank crisis, hold 70% of these loans. Is another bank crisis brewing?

https://twitter.com/KobeissiLetter/status/1824480757726814289