BANKS are increasing staffing to handle the wave of foreclosures. 15,000 per day estimated cases. 14% of all mortgages are in forbearance

September 1st, 2021?

Yes. About there.

Why not 9-11? Seems more fitting.

Yeah that's afat one I give it a year or two

BLACKROCK is surely ready to cover the fallout in spades.

Why would their cohorts allow the foreclosure moratorium to snowball in the first place?

It is a wealth transfer.
Follow the fiat.

Good night everyone.

So just continue forever? Lol

Someone didn’t take economics..

Blame black rock all you want. Lol

Oops sorry, forgot this was GLP.

And if we’re theorizing, then it’s actually likely more towards the end of September.

September 30, 2021 is 4th quarter close for LOTS of businesses.

For those who didn’t get financial education, fiscal year is a choice. That means I can choose to end the year on October 31 if I choose for tax purposes.

And we all have heard the theories about the US being a Corp. yeah, well that corp might not be fiscal year Dec 31.

You read my mind....

Housing market not gonna crash.

Housing market to go parabolic. To the moon anon!

Nice try at deflection there...

BUT

It turns out that if you steal people's money long enough in a rigged casino they eventually take it personally...

Ultimately your red herring is meaningless though because deep down whether people understand CONSCIOUSLY why they're pissed off or not, they ARE still pissed off!

And they should be!

Pretending like black rock "just makes better decisions" and it's not their fault they keep winning while everyone else keeps losing only gets you so far.

Eventually though, people realize that the game is entirely rigged against them and that they CAN'T WIN.

What happens then?

You can't seriously think that people are just going to live in the pod eat the bug and piss in the bottle to meet their Amazon productivity quota can you?

I'll give you a hint, any time things get this far out of balance something or somebody comes along and reminds the losers that people like bezos and black rock can't victimize them anymore if they're dead...

This cycle is a part of nature so hard coded In human DNA that people won't even know why they're burning everything down rather than let the rich get richer!

That's the part that should concern you no matter who you are or what side of this situation you're on.

When things get this wildly out of balance in nature, it eventually results in a spontaneous self correction event .... And things will swing back to a more favorable and balanced equation...

VIOLENTLY

the problem though, lies in the fact that if there's outside interference holding a thumb on the scale and preventing the self correction through coercion deception etc that instead of things eventually coming back into balance, the self correction just fuckin destroys EVERYTHING!

Ask yourself this question, what would have happened if the people at Stanford hadn't stopped the Stanford prison experiment?

If you take too much from a group for too long and when they look towards the future there's absolutely no hope whatsoever...

(Like say if birth rates are crashing so hard in some nations that even importing immigrants stops working because even they don't breed!?)

That... That's a recipe for something much darker than a violent self correction.

That's the recipe for something along the lines of a voluntary extinction level event.

What happens if the people who are angry and hopeless stop caring about things ever being better?

What happens when you convince enough of them soul and epigenetics deep that their own species is a mistake that needs to be ended for the sake of other life?

Gee, that sounds a lot like the extinction rebellion doesn't it?

This is why I come here, so we’ll put and spot on...

I am having a hard time understanding this one myself.

Biden just came out with with an extension for eviction moratorium.

If they are preventing renters from being homeless then I am sure the Gov will step in with more stimi checks to prevent homeowners from being homeless or I could be wrong.

Who know what is going on anymore.

Good points

Yep. People thought 2009 was bad, but that was just a dress rehearsal for what is coming.

+1000

They're not keeping the eviction moratorium going to keep people from being homeless, they're keeping it going to drive small and medium rental property owners out of business!

Remember, the motto of the great reset is YOU will own nothing and be happy not NOBODY will own anything...

Just like how covid bux weren't designed to keep the economy going, they were designed to DESTROY small and medium businesses!

Any time the government APPEARS to be doing something genuinely helpful you should ALWAYS read the fine print.

The government isn't your fucking friend.

I hear you.

I still think there is alot more money to have to be printed before this over.

That's all.

For a world economy to come out with one currency and without the US dollar failing then we have a whole lot more printing to do before things collapse.

But I could be wrong.

Know what's funny?

It's the exact same playbook AGAIN!

Right down to a massive "INFRASTRUCTURE SPENDING PACKAGE".

Last time it was 700 billion dollars to create half a million new "shovel ready jobs" in green energy and infrastructure spending... Which instead cost america well over a million jobs that Obama told us were never coming back.

This time it's a $2 trillion dollar infrastructure plan that focuses on green energy and fixing our infrastructure that's supposed to create good jobs converting and retrofitting our infrastructure to better combat climate change.

Literally the only thing that changed is the numbers got bigger and they're promising the average American even less.

They're not even trying to hide what this is or at least make it a new and different scam.

Just like last time, if we let this go forward it will cost us millions of jobs and our infrastructure will be in even worse shape 2 years from now.

And just like last time, it will wind up costing WAY MORE than the 2 trillion they're currently quoting. Last time it was supposed to be 700 billion and then another 800 billion got added to that and then come to find out within a month of the initial 700 billion being approved recurring and ever increasing monthly sums in the double digit billions were continuously handed out for the remainder of the Obama administration.

At the end of the next 4 years if we let this happen I guarantee you that we will once again come to a place where they eventually tell us that the jobs aren't Coming back and we as Americans need to accept a lower standard of living because our current standard is unsustainable.

I'll let you guys decide whether you're ok with these shitbags not even having the decency to come up with new lies

I know I'm not

Please let me clarify.

There are a lot of dollars printed but they are not circulating. They are tied up in the fed balance sheets and via repo and reverse repo markets with banks.

That money needs to go to the world. But the world has rejected the US in a lot of countries or they are in the process of rejection.

The only way to make those unused dollars flow to the world for a world currency and for the US dollar not to fail is crypto where security and fast transaction speeds are quickly becoming a reality.

Because I didn't elaborate and write an essay for the likes of you? Figured the sharpest minds would get the point out of the brevity.

Economics 101: any fiat currency is an intentional house of cards to be knocked down anytime the creator desires.

All that matters is who owns the commodities when the fiat charade is finally stopped. The elite own it all. Once they finish off the green debt note charade they will have already finished using their Blackrock "investment" umbrella firm, using "backing" by the private Fed Reserve- ie taxpayer dollars- to buy up all the housing so it can be turned into Schwab's renter-only housing system with the AI quantum one world gov as the permanent landlord. All the good obedient little vaxxers who keep their social credit scores above the acceptable behavior threshhold will be receiving permanent UBI to "pay" for their monthly permarent.

Does that clarify my original comment for you?

source please?

Double meaning cast aside great news

Sitting on cash, waiting to able to buy a nice, affordable house.

Great idea. You thinking the wave of foreclosures will happen this year or next year?

Hear! Hear!

People should have been able to see this coming back when Trump invited all them CEO's to the White House at the beginning of the planned demic, where they all took turns coming up to the podium to speak about how much they were going to help average Americans thru all that was to come!

All to be blamed on an "invisible enemy"...who conveniently enough could never be to blame, cuz get it ...It was "invisible"




Last Edited by Don Of N*******t on 07/04/2021 01:13 PM