The Banking CRISIS and Pending Depression EXPLAINED

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Credit Suisse was just sold to UBS for $3.2 Billion with roughly $17B in losses held by investors. This was essentially a bail in on those investors as they lost all of their money. The Swiss National Bank stepped up funding to complete the transaction and as that just happened SVB bank, Signature Bank and First Republic is in MASSIVE financial trouble.

All the while, Jerome Powell at the Federal Reserve is likely to increase interest rates on Wednesday. This is tough news for commercial real estate as there are roughly $20,000,000,000,000 ($20 Trillion) in outstanding commercial mortgages, half of which are floating rate. This is happening along side credit card delinquencies at all time highs, auto repossessions at all time highs and soon to be millions of people under water on their single family homes.

We are on the verge of something much greater than a banking crisis, we are entering a depression to the likes of which we have not seen.

#recession #economics #economy

[ThisisJohnWilliams]

This banking crisis is far worse than they are leading us to believe.. Here's whats going on..

[jimcrawford]

The depression is here

It s not yet evenly distributed

[shaunkelly]

Actually, Gerald Celente has been talking about the collapse in commercial real estate for at least two years.

[johnknighton]

John; we’re IN a recession. Get ready for a depression next.

[gregwoolley]

Also, another request, could you please slow down a little with your speech, you tend to speak pretty rapidly and blur your words together. Fast talking plus the blurring of words means I often lose track of what you are saying. I've tried slowing down the video speed, it helps, but the blurring of your words could be better solved (I would think) by slowing your speech down a little. Otherwise I have only praise.

[lashesbella]

No gold and silver were & are not in a bubble. But you can talk about that right John?

[tootall]

so many bought houses at the highest price there equidy will dry up and be under water on the houses worth

[gregwoolley]

Thanks heaps for your informative videos. I'd much appreciate your thoughts on who would benefit from this potential financial collapse? Would the FED profit from the financial collapse? The US Government and/or other Governments? Large financial institutions? Other parties? Who profits the most? It would be interesting to "follow the money".

[mack]

Any banks you'd recommend? Pull out of mid sized banks and go to big banks?

[Billy]

With this huge bubble in stocks at this point should I just stop investing ?

[jamessteele]

Thank you for what you do. What do you think about the dollar milkshake?

[DanMcB]

Do we restart at QE1, or do we continue from where we Jeff off?

[boonmsgt]

QE again! Here come the money printer. Followed by hyperinflation. What funny is the reference as everything in a bubble. Wouldn't the bubble be inflation?

[beltworkprojects]

2020-2022 mortgage rates vary pretty dramatically. If you are sitting at 3%, you are probably good even if the mortgage goes underwater unless you have to sell.

[MooseBme]

Picking up the slack, for the risky, irresponsible behaviors of others...
"!Happy "New" Year!"

[TVHouseHistorian]

Johnny, you look cute when you say, “Credit Suisse.”

[BashoStrikes]

There may be a depression, but it certainly won't be for everyone. Clickbait.

[TheJillybean]

Are you putting this at 119% speed lately? I can’t understand your first sentence (before “it’s John here”) as well as parts of the rest and your voice sounds nasally and artificial like you are altering it. Pass