Next Domino: Aozora Bank
Too many bad US commercial real estate (CRE) loans
The banks with $2 trillion in bad US real estate loans coming due in 2024 & 2025 totally know what are the bad loans they're left holding the bag on ... but these banks are not disclosing this information to their customers or their shareholders, ' willful omission of material information.' Mortgages are a public record in the US, so this info is readily available from a few hundred county clerks' offices about hundreds of regional banks set to collapse the next 24 months. Note, a 10% decline in residential real estate is enough to more than double the multi-trillion dollar amount of bad loans on the books at Western Civ banks (mostly US, Canadian, Japanese & British banks) ...... as credit card delinquency & bad car loans double every 18 months to pile onto bad real estate loans that have only just begun. (The band began playing moments after the Titanic hit an iceberg and the sheep people were encouraged to dance. True story.)
Bad debt in the US is a vortex that is going to suck down all the countries closest to US (Japan, Canada, UK, etc.) along with the US. Are all the people in these countries ready to get sucked down to the abyss during this nascent US debt collapse, the largest ever ponzi scheme in human history.
Note, the Scots can minimize their exposure to bad American debt by more assertively demanding and achieving independence from Sushi Ruinuk's England. Ditto for the Northern Irish who can more assertively demand and achieve re-unification with both Ireland & the EU.
Stay tuned for more news on the coming tsunami of bank failures amidst the collapsing US commercial real estate market.
Note also, Argentina is now a CIA economics experiment to try to figure out what to do during a debt collapse. The US "IC" totally knows a debt collapse is coming soon to the US, don't have a clue what to do about it ... they’re afraid about ever shrinking US intel agency budgets, losing their gravy train jobs, losing what little power they have left ..... so ..... they’re experimenting on Argentina to try to find out what to do - and what not to do - during a massive economic/financial collapse.
(The CIA previously did an economics experiment, the 'Chicago Boys' experiment, on Chile, 1973-1990, to see if a country could be 'transformed' into a services-based economy (long long story).)
Now, 2023-present, the CIA is doing a 'what to do during economic collapse experiment' on the Republic of Argentina... to try (repeat try) to figure out what to do and what not to do during a massive economic/financial collapse. CIA wrecking crews wrecked Argentina's economy (2017-2023) so that the CIA can now do its' economics experiment on the economic and financial wreckage that is now Argentina ... the US "Intelligence Community" has known for many years that an economic collapse is coming soon (now) to the USA and they're becoming increasingly desperate to try to figure out what to do - and what not to do - as the USA's ultimate economic/financial collapse continues to unfold.
All eyes at Aozora Bank, Japan, Canada, England, the USA, etc. on the CIA's economics experiment in Argentina to see if the CIA can glean any info on what to do what to do.
youtube.com/watch?v=bUl295oyeIc