Plugin by: PHP Freelancer
Subscribe to NCRenegade via Email
Carolina Readiness Supply
Websites
NC Renegade on Twitter
NC Renegade on Gab
NC Renegade on Truth Social
Wes Rhinier on Gab
12 Round Blog
Barnhardt
Cold Fury
DanMorgan76
Defensive Training Group
The Deth Guild
The Feral Irishman
First in Freedom Daily
Forloveofgodandcountry's Blog
Free North Carolina
Knuckledraggin My Life Away
Liberty's Torch
90 Miles From Tyranny
Professor Preponomics
Publius-Huldah's Blog
Straight Line Logic
The Tactical Hermit
War on Guns
Western Rifle Shooters Association
Categories
-
Recent Posts
Recent Comments
- Bad_Brad on Murphy
- Jane Tzilvelis on Democrats Have to Cheat
- Defiant Grunt on Tillis warns conservatives’ ‘unwise’ reforms would ‘weaken’ Senate GOP
- Daniel K Day on Graham
- Delta3Two on $36 Trillion
Archives
Meta
The commercial real estate market is going to bring it down.
our two largest banks here were both downgraded by Moody’s a couple months ago, cause, mired in bad commercial real estate paper. One of them is owned by PNC.
Yep, Kal Kal there is no way to stop what is coming, get ready for the pain, stay safe God bless you and yours.
https://thetacticalhermit.com/index.php/2024/09/03/the-game-is-rigged-and-the-house-always-wins/
Not exactly sure how mishandled funding for illegal immigrants has any thing to do with Banks unrealized debts.
Please explain Tom.
I wonder if credits unions (NFCU) are as much as a risk FDIC banks?
A good question. In the past of 2007-2008 Great Recession many banks required massive bailouts and some like Bear Stearns were allowed to fail.
Corporate Credit Unions that got involved in purchasing now known as badly packaged mortgage securities took a pretty bad hit.
Smaller more local Credit Unions did not. My CU for example doesn’t do any lending outside my state and is thus not involved with commercial real-estate.
Edit seems not working today.
Worth reading: https://www.cbsnews.com/news/credit-union-bailout-should-you-be-worried/
Back when news actually reported.
Please REMEMBER we are now living under a JustUS legal system with all the sudden stroke of a pen changes for the Powers that Be.
So History might not repeat with Credit Unions vs the Banking Bail In’s and such.
that pen stroke has already taken place, globally. Review “The Great Taking.”
Credit unions are in better shape overall. They get checked 1-2 times a year. CU’s and banks will all go down but the CU’s will go down last. A good CU is better than a good bank.
If they(powers that be) seize ANY of my money I will not be paying a dime on any loan I have or any taxes owed. They want to be lawless thieves let’s play.
Talking about business real-estate, since Covid-19. Lot of companies are let their staff work from home. They save from not operating an office for the staff.
The problem is 48% of office buildings in the United States are empty and up for sale or foreclosured on.
Recently a office complex the was purchased in 2004 for $342 million just sold in a auction $8.7 million.
The Bubble in going to be a big bust in all forms of real-estate