Plan B

Nomad Capitalist.

Sovereign Man.

Debt-to-income Ratios are at all-time highs.

Foreclosures are climbing. 📈

Debt-to-income Ratios are at all-time highs.

Is another 2008 style foreclosure bust coming for the US Housing Market?

Watch this interview I did on the Wealthion YouTube Channel to find out. @menlobear https://t.co/9NL7BuZTMl

— Nick Gerli (@nickgerli1) April 28, 2023

Loan production by $PACW fell 82% year over year

Loan production by $PACW fell 82% year over year

Quick thread🧵 pic.twitter.com/6I0GFc7Zd4

— Jack Farley (@JackFarley96) April 26, 2023

"Housing is so unaffordable that banks are losing money for each mortgage they finance for the first time ever, per BI."

A recent MBA report shared how the new losses represented a 113% decrease from how much a bank made last year. A year before its $301 loss, the bank's average income per mortgage was $2,339.

Read more: https://t.co/2nTCY3fdYM

— unusual_whales (@unusual_whales) April 24, 2023

Mortgage lenders are losing money on loans (for the first time, according to a Mortgage Bankers Association report)

Housing has become so unaffordable that independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $301 per loan in 2022 (primarily…

— Andrew Lokenauth (@FluentInFinance) April 24, 2023

 

Investingdotcom.  Great site for historical data.

"He threw a phony, contrived, absolutely fraudulent study that he manipulated and orchestrated to make that drug 'standard of care.' It is homicide"

.@RobertKennedyJr: "Tony Fauci Knew That Remdesivir Would Kill You"

"How does it kill you?" he asked. "Kidney failure, heart failure, and all-organ collapse."

"All the doctors said. You heard it again and again. 'We've never seen a virus that attacks the kidneys.' Because it… pic.twitter.com/jqcN1cHY3k

— The Vigilant Fox 🦊 (@VigilantFox) April 23, 2023

The Chinese have near the highest savings rate in the world, yet they don't trust the Stock or Bond market (understandably since there's no transparency) So all their savings they pour into real estate

8/

The Chinese have near the highest savings rate in the world, yet they don't trust the Stock or Bond market (understandably since there's no transparency)

So all their savings they pour into real estate. pic.twitter.com/l83snKaeQ9

— CatGirl Kulak 😻😿 (Anarchonomicon) (@FromKulak) April 22, 2023