from The Duran:
TRUTH LIVES on at https://sgtreport.tv/
The Largest Landlord in the US
by Martin Armstrong, Armstrong Economics:
Anyone familiar with the housing market conditions post-pandemic knows that cash buyers and institutions consistently outbid the average buyer. I know a realtor who has spoken primarily to consultants working on behalf of companies, and they’re willing to purchase properties over-market on a consistent basis. They know they can buy these properties and rent them out for a fraction of what they paid because they have the liquidity to do so. Currently, BlackRock is the largest landlord in America, with over $120 billion in residential real estate.
America’s ‘Atlas Shrugged’ Moment Has Already Arrived, New IRS Data Show
by Jon Miltimore, FEE:
It’s not just high taxes that are driving people out of cities. There are other costs—moral, social, and cultural—associated with spurning property rights and celebrating looting.
Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel—his gigantic hedge fund—from Chicago to Miami.
The Windy City was out of control, he told Bloomberg, something that dawned on him after a colleague made a coffee run and was robbed by a thief who put “a gun to his head.”
Oklahoma Farmer: “I Think We’re To The Dust Bowl, About The Same Or Worse.”
by Michael Snyder, End Of The American Dream:
Our food prices aren’t just going up because our leaders pumped way too much money into the system. All over the world, crops are failing, and that includes right here in the United States. Earlier this year, CNN warned that we are in the midst of “the worst food crisis in modern history”, and so we really need this to be an extremely successful year for our farmers. Unfortunately, that just isn’t happening in much of the country. In fact, one wheat farmer in Oklahoma says that his farm is experiencing “the most severe drought I’ve ever seen”…
NEW DR. JIM WILLIE! “ZOMBIE BANKS” IN AMERICA!
from Zoon Politikon:
TRUTH LIVES on at https://sgtreport.tv/
Oklahoma Bans More than a Dozen Woke Banks from Doing Business with the State
from Need To Know:
Oklahoma is taking action to ban 13 major financial institutions from doing business with the state after a review determined the banks engaged in boycotting energy companies and instead prioritized agendas that run contrary to Oklahoma taxpayers’ interests. The state treasurer said that the State will not do business with banks ‘beholden to social goals that override their fiduciary duties.’ The move ultimately blocks the banks from managing billions of dollars in Oklahoma pensions, investments and other state entities.
U.S. may freeze bank withdrawals as currency fear rises, expert warns
from WND:
‘Sometimes it’s kind of relevant to panic. I would recommend you panic’
An expert in economics is warning that the Biden administration may be looking at ways to lock down your checking account – literally ban withdrawals from the banking system.
The teams Biden has installed in power in the federal government already have moved to force you to buy an electric car, limited the kinds of appliances you can buy, censored the questions you can raise about fair elections and much more.
We Are Most Certainly Being Tested
by Fed Up Texas Chick, The Tenpenny Report:
Americans are tired. We are losing faith. It is harder and harder to “trust the plan” in the midst of the utter chaos and crime that is enveloping and infiltrating our country. Some days, I just want to go to bed and stay there. Wake me up when it is over, I think to myself.
Definitely wake me up when someone big is arrested, you know, like Hunter Biden. Or Hillary Clinton! Even better.
What Are Older Office Towers Worth? Here’s the First Sale in San Francisco’s New Era of Office CRE
by Wolf Richter, Wolf Street:
Union Bank made a deal to sell its tower at 75% off original listing price, setting the first new benchmark. Other towers waiting in the wings.
We have been tracking what older office towers, many of them from the 1980s and 1990s, are worth when they finally do sell, either in a foreclosure auction or in a regular transaction. Two towers in Houston sold at a foreclosure auction at a price where the lenders – holders of Commercial Mortgage-Backed Securities (CMB) – lost 80% and 88% respectively. In the foreclosure sale of the vacant 46-story 1980s “One AT&T Center” in downtown St. Louis, CMBS holders took a 100% loss.
The ALARMING Truth About Vaxxed Pilots — Josh Yoder Interview
from Man in America:
TRUTH LIVES on at https://sgtreport.tv/
SWORD FIGHT IN THE UNITED KINGDOM IS COMPLETELY NUTS
from The Salty Cracker:
TRUTH LIVES on at https://sgtreport.tv/
It Could Happen To You
by Michael Snyder, The Economic Collapse Blog:
Those that are wrecking our economy don’t seem to have much empathy for the millions upon millions of people that they are hurting. As you will see below, one Fed official is actually suggesting that interest rates may need to go even higher even though the interest rate hikes that we have already seen are turning lives upside down all over the country. Everywhere you look people are in severe pain, but this is only just the beginning. And I would encourage you not to ever look down on those that have had a run of bad fortune, because it could happen to you too.
The Banking Crisis is Far from Over with John Rubino
by Kerry Lutz, Financial Survival Network:
John Rubino explains that regional and local banks are still facing a banking crisis due to bonds on their balance sheets and commercial real estate losses. He also discusses how the experts have failed to manage the economy, leading to instability and mistrust. Finally, he suggests that markets should dictate policy instead of dictators.
John and Kerry discussed the potential of a movie script featuring two presidential candidates running from prison, as well as the implications of Fox News firing Tucker Carlson, who was a popular truth-teller. They also discussed the possibility of Carlson leaving Fox to make more money and the potential of a three-letter agency being involved in JFK’s assassination.
