-
Bill’s Commentary:
“Is the biggest bank the riskiest bank?”
Report: Five Banks Have a Combined Half Trillion Dollars in Commercial Real Estate Loans; Number 1 is JPMorgan Chase
Yesterday, American Banker released a report showing that five banks in the U.S. hold a combined half trillion dollars in commercial real estate (CRE) loans. It came as a big surprise to a lot of folks that the bank holding the largest amount of CRE loans is JPMorgan Chase – whose bank holding company is also exposed to $49 trillion in derivatives as of December 31, 2023 according to the Office of the Comptroller of the Currency. (See Table 14 at this link.)
JPMorgan Chase is already considered the riskiest bank in the U.S. according to its regulators.
Bill’s Commentary:
“Feel good video of the week!”
-
Bill’s Commentary:
“Pretty much pure math at this point…”
The Meltdown of Commercial Real Estate
In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of U.S. banks.
Leaving taxpayers on the hook for trillions in losses.
The note, by senior editor James Crombie, walks us through the festering hellscape that is commercial real estate.
Bill’s Commentary:
“Welcome to America!” -
Bill’s Commentary:
“The man is correct, but he did forget to mention the most pressing reason to own gold. Gold cannot bankrupt in a world that is bankrupting …”
“Goldilocks” Is Gonna Get It
The Fed kept the fed funds rate unchanged at last week’s meeting, as I predicted.
That makes 17 Fed meetings in a row going back to March 16, 2022, when I got the Fed forecast right. Events remain uncertain from here, but it’s so far, so good for my forecasting (that’s not because I have a crystal ball but because I know how to read them).
Bill’s Commentary:
“Filed under the category of BULLSHIT!”
Pictured: Women’s soccer team featuring FIVE trans players that destroyed opposition 10-0 on way to winning grand final – with one biological male scoring SIX goals in one game
-
Bill’s Commentary:
“$1 Trillion every 100 days, what could possibly go wrong?”
CBO Director Warns Of Debt Market Meltdown With US Debt On “Unprecedented” Trajectory
We’ve been pointing it out for so long – in fact, for most of our 15 years in existence – that it has become more of a chore than actual reporting, especially since the “number only go up“, as it hits a new all time high virtually every day. We are talking, of course, about the exponential curve that is the US debt, arguably one of the most boring and at the same time, most exciting topics of all time (because one day the “number go up no more” and you want to be far, far away when that happens).
-
Bill’s Commentary:
“A very good 3 minute video of Vivek on national sovereignty and the global great reset.”
-
The latest from USA Watchdog –
Bill’s Commentary:
“In today’s fake world, we never know what is real and what is fake. If this is actually true, what a crazy twist or “coincidence” it is? Or not?”

-
Erik’s latest –
“1 axiom: the cure for bad speech is more speech.” Debate would work wonders but is no longer allowed.


-
Bill’s Commentary:
“Yet we are told that everything is fine and no chance of recession? I believe the only question is how all engulfing the global DEPRESSION will be?”
“It’s A Far Deeper Recession Than Publicized…” Dallas Fed Manufacturing Survey Screams Stagflation
“Many good things may happen, but the actual occurrence remains to be seen…”
That’s about as rosy a picture as one could glean from the respondents to today’s Dallas Fed Manufacturing survey.
Against expectations of a small improvement from -11.3 to -10.0, the headline sentiment gauge dropped to -14.4 (the lowest end of analysts’ forecasts).
Furthermore, the production index, a key measure of state manufacturing conditions, fell five points to -4.1, a reading that suggests a slight decline in output month over month.
Other measures of manufacturing activity also indicated declines this month.
-
Bill is interviewed by Dr. Dave Janda
Bill’s Commentary:
“The real story of “weapons of mass destruction” swept under the rug and forgotten about. This was 10 years ago…
General Clark on the Iraq Invasion | American War Generals
YouTube·National Geographic·Sep 12, 2014
YouTube
Bill’s Commentary:
“Weekend fun. Corgi night rides a Pony. Sroll the page for much more and keep smiling!”
-
Bill’s Commentary:
“Wait, chemtrails exist and are a real thing?”