Bill’s Commentary:

“Filed under the category “deflation of the things you have.””

Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever

A bear market in the used car market was confirmed in November and has since worsened through April. At the same time, negative equity values are hitting new record highs while auto insurance rates have soared the most since the mid-1970s. While gas prices at the pump are elevated, the environment to operate a vehicle is probably one of the worst ever. Just listen to Gen-Z and millennial users on X bitch and moan about $1,000 monthly car payments and other absurd costs associated with driving.

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Bill’s Commentary:

“Socking gold away today …in order to buy hotcakes at a later date?”

Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines

Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars. 

The country’s largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they’re selling like hot cakes. 

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Bill’s Commentary:

“Is he also in favor of a CBDC?”

Bill’s Commentary:

“We have told you for many years it was all about “credit”, you will fully understand this over the next 12 months. $1 trillion of commercial loans need to be rolled over, not happening …unless of course Treasury would like to provide the funding? But who will fund the Treasury?”

Office Tower Turmoil in NYC Worsens Ahead of Trillion Dollar Maturity Wall

A combination of factors, including remote work, an exodus of progressive cities, higher interest rates for longer, and diminished credit availability, continues to pressure the office tower market nationwide. The latest example of challenges facing the $20 trillion commercial real estate market comes from New York City.

Bloomberg reports that the $400 million loan backing 1440 Broadway, a 25-story tower at the corner of Broadway and 40th Street in Midtown Manhattan, has fallen into delinquent status.

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Bill’s Commentary:

“These people are insane! Can you imagine someone sequestering your savings, and then paying the interest to your enemy? Is there any rule of law left? Is the West prepared to start WWIII that by every computer model ends in nuclear war? Are $3 billion pieces of paper worth it? Is $200 billion?  What would any businessman in the world do …if he was backed by the most powerful military in the world and was blatantly and publicly stolen from?”

EU Policy. Brussels agrees to send €3bn from frozen Russian assets to aid Ukraine

EU diplomats agreed Wednesday to use income from frozen Russian state assets to aid Ukraine – paving the way for the war-torn country to get around €3 bn for arms purchases and reconstruction before the summer.

Since the full-scale invasion of 2022, €210 billion in assets of the Moscow central bank have sat frozen within the bloc – chiefly at the Euroclear depositary in Belgium.

Read more here…

2 thoughts on “

  1. They need to entice people into trading crypto/cbdc. Both are the same thing from a different proxy. Bitcoin is a trojan horse, fomo scam. A ponzi for all ponzis. The ultimate gollum enterprise of rothschild company scripp or royal crown issued digital tallysticks. The same guys that brought the world tulip mania & bankrupted Hapsburg a dozen times are doing the same parlor tricks with more technocracy & asymetrical surveillance. The Spanish Inquisition wasnt shit, compared to what they want for us, coming soon. Hence their push towards a.i., automation, neural link, trancehumanism, mrna, et al.

    They need to be dragged out of their castles & run thru the streets. A Bonfire of the Vanities to restore the social contract, instead they go for the seige of Florence. We will not vote our way out of this. We must use of numbers.

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