News: This $20 TRILLION Asset Class Is Starting To Collapse
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 5 April 2023
⏱️ 13 minutes
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| 0:00.0 | Hello fellow rebel capitals hope you're well so this 20 trillion dollar asset class |
| 0:06.4 | is it vital to the US economy is starting to absolutely collapse. Let's get right into an article from the |
| 0:16.1 | Washington Post. Let's go through this and then I'm gonna go right back to the |
| 0:20.6 | whiteboard, go over a diagram. |
| 0:23.0 | So I can show you exactly how this works, |
| 0:25.6 | so you can determine the probabilities for yourself |
| 0:28.8 | as to how this will impact the recession or economic depression that we will likely have in the |
| 0:35.8 | United States and globally in the rest of 2023 or at some time here in 2023. |
| 0:42.3 | So let's go right over to this article. sometime here in 2023. |
| 0:42.5 | So let's go right over to this article. |
| 0:45.0 | Initial banking crisis is easing. |
| 0:47.2 | Another may be around the corner. |
| 0:48.6 | Why are they saying this? |
| 0:49.6 | Because commercial real estate, |
| 0:52.1 | and this is the $ trillion dollar time bomb that I'm |
| 0:55.4 | referring to could become a problem for mid-sized banks and I would go so far to say |
| 1:01.7 | it's not that it could become a problem. It is becoming a big big problem. |
| 1:08.0 | And then you say, okay, George, well, isn't this just a problem with the banks? |
| 1:11.0 | Why is this a problem for the commercial real estate market? |
| 1:14.1 | This $20 trillion asset class. |
| 1:17.4 | And as we go through this, Hopward to the whiteboard, I'm going to connect the dots for you. |
| 1:21.2 | So they go on to talk about S. V. Silicon Valley Bank or |
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