RED 5 - PREDICTIONS, page-15

Hey Winmore,

I follow such things. The repayments are due to start but the loans are peaking.

My money is on New York Community Bank falling soon. They were about to topple but changed a key management that has artificially created confidence. On reality, they bought a lot of the commercial real estate book off none other than Signature Bank. Many here would be across the whole commercial property issues in the USA.

https://www.ioptimizerealty.com/blog/does-manhattan-have-too-much-empty-office-space-nyc-vacancy-record

Sub Prime. Then there is the looming sub prime loan books on used cars. Currently, people are making more payments on used cars than if they bought a new one due to issues around covid and supply demand of the times. I imagine at some stage the used car market might collapse.

This very short summery says it all unless you wish to DYOR.

https://www.dglaw.com/propublica-wall-street-bet-big-on-used-car-loans-for-years-now-a-crisis-may-be-looming/

Personal opinion only, I think one country might be taking us down like crabs in in a pot of water. It will be too late.