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https://www.marketwatch.com/story/a...er-than-later-warns-deutsche-bank-11600686154

buzzfeednews' report already impacting the market.

A financial crisis could surprise investors ‘sooner rather than later,’ warns Deutsche Bank

Global banks are tanking over allegations of a money-laundering scandal, second-wave COVID-19 worries, and a possible delay to badly needed fiscal stimulus in the U.S., due to political tussling after the death of Supreme Court Justice Ruth Bader Ginsburg.
 
Ozark.

Lovin' this series thus far.
 
Ozark.

Lovin' this series thus far.
what imaginary bank handles the family finances in that series? i once knew a member of rev. sung yung moon's cult who had risen to a very highly responsible position within that organization. ( i liken them to any other cult of the leader's personality, not a religion.) one of his responsibilities was traveling the country with those electronic bill counters to receive, count and transport the loot generated by the folks selling flowers at the airports and on the side of the road throughout the country. apparantly they generated huge amounts of cash. one of the things he told me that truly lasted in my memories was that people have no idea how heavy those suitcases of money they handled weighed. tough to have the money but not be able to bank it i guess.
 
what imaginary bank handles the family finances in that series? i once knew a member of rev. sung yung moon's cult who had risen to a very highly responsible position within that organization. ( i liken them to any other cult of the leader's personality, not a religion.) one of his responsibilities was traveling the country with those electronic bill counters to receive, count and transport the loot generated by the folks selling flowers at the airports and on the side of the road throughout the country. apparantly they generated huge amounts of cash. one of the things he told me that truly lasted in my memories was that people have no idea how heavy those suitcases of money they handled weighed. tough to have the money but not be able to bank it i guess.

We have lots of crypto
 
what imaginary bank handles the family finances in that series? i once knew a member of rev. sung yung moon's cult who had risen to a very highly responsible position within that organization. ( i liken them to any other cult of the leader's personality, not a religion.) one of his responsibilities was traveling the country with those electronic bill counters to receive, count and transport the loot generated by the folks selling flowers at the airports and on the side of the road throughout the country. apparantly they generated huge amounts of cash. one of the things he told me that truly lasted in my memories was that people have no idea how heavy those suitcases of money they handled weighed. tough to have the money but not be able to bank it i guess.

Honestly, though, we've entirely pulled out of the stock market, etc. Real estate rules the day.
 
Honestly, though, we've entirely pulled out of the stock market, etc. Real estate rules the day.
Opinion: The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble
https://www.marketwatch.com/story/t...-and-mortgage-bubble-2020-09-21?mod=home-page


i would think that with the huge numbers of small business failures, many of them restaurants and bars that the commercial side is being hit hard too. i know that kona commercial properties are getting hammered by tenet rent failures. that has meant severe cutbacks in building maintenance and repairs. the domino is they are demanding renegotiation of those janitorial and maintenance companies contracts exasperating layoffs and thus impacting the local home mortgage and rental market significantly
 
Opinion: The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble
https://www.marketwatch.com/story/t...-and-mortgage-bubble-2020-09-21?mod=home-page


i would think that with the huge numbers of small business failures, many of them restaurants and bars that the commercial side is being hit hard too. i know that kona commercial properties are getting hammered by tenet rent failures. that has meant severe cutbacks in building maintenance and repairs. the domino is they are demanding renegotiation of those janitorial and maintenance companies contracts exasperating layoffs and thus impacting the local home mortgage and rental market significantly

Thanks, but real estate always comes back. Always.
 
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decent summary of the long read from a british perspective for those that prefer a shorter briefing, lol


What has been revealed?

 

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