I could have told you this.

But I guess it means a lot more when the experts say it.

RT:

Morgan Stanley Wealth Management has predicted a collapse in the US commercial real estate (CRE) sector that will be worse than the Great Financial Crisis. The market faces a “huge hurdle,” with strategists expecting a commercial property slump of around 40%, worse than in 2008, according to chief investment officer Lisa Shalett.

lol 40%

rofl

More than half of the $2.9 trillion in US commercial mortgages will be up for refinancing in the next couple of years, she points out.

“Even if current rates stay where they are, new lending rates are likely to be 3.5 to 4.5 percentage points higher than they are for many of CRE’s existing mortgages,” she wrote in the report, adding that the sector is facing “a huge refinancing wall.”

The dire warning follows turmoil in the US banking sector, and successive interest rate hikes by the Federal Reserve, aimed at curbing runaway inflation.

Aside from interest rates, the commercial real estate market is also grappling with sluggish demand for office space brought on post-pandemic remote work, and rising maintenance costs.

Yeah, curbing inflation… while the Biden government continues to print money at a rate much more extreme than anything ever in history.

I’m sure it will all work out.

But if you have Bitcoin, and that price holds, you might be able to clean up on the real estate market. I mean, if this is serious when they say a 40% drop, I’d think that would be a pretty good “clean up” opportunity.

Of course, you’ll be competing with BlackRock, who are the ones who designed this collapse so they could buy up all the property on the cheap.

It’s all so stupid and obvious. I don’t even know what I’m supposed to say about it.

I’m sure it’s fine.

And if it’s not fine, who cares? The important thing is stopping viruses and Russians. That’s what Americans care about.

Axios:

The stock market notched a fittingly downbeat end to its worst year since 2008 — and investors are nervous about the potential for another year of pain.

After dropping 0.3% on the final trading session of the year Friday, the S&P 500 finished 2022 down 19.4%.

It’s the seventh worst year for the index on records stretching back to 1929, according to FactSet data.

That means 2022 ranks with the ugliest years of the Great Depression, the 2008 financial crisis and the dot com bust in the annals of market massacres.

What makes this year even more painful for investors is the fact that bonds — which traditionally do well when the stock market suffers, and can cushion the blow — were also hammered in 2022.

The Bloomberg U.S. Aggregate — a broad benchmark for the American bond market — is down more than 12% in 2022, the worst showing in the history of the index. (Data goes back to the late 1970s.)

The simultaneous collapse of bond and stock prices can both be traced back to the same sources — inflation and the Fed.

And with the Fed expected to keep raising rates in 2023, investors fear the bad times may continue.

If inflation wasn’t proof enough that the government is purposefully trying to destroy the US economy, then raising rates absolutely seals the deal.

There is simply no reason that you would respond to this kind of an economy by raising rates, unless you are trying to do harm on purpose.

I’ve been through the details many times, but the bottom line is this: this is not the 1980s. You can’t stop this kind of inflation by simply raising rates a little bit. That is obscenely stupid if you believe it (but the people doing it do not believe it).

The solution was to keep the market strong and just stop printing so much money, allow the inflation to happen.

Of course, they caused the inflation, so obviously they were going to make it worse, and they did the exact thing that everyone knew would make it worse while pretending to be retarded.

This is going to be a rough year, economically. I can tell you that much.

Thankfully, we have other things to look forward to.

While the media continues to tell people to be very, very afraid of this flu hoax, reality is beginning to seep in. Just a little bit.

CNN:

With much of the American economy in self-imposed shutdown to prevent the spread of coronavirus, April’s colossal surge in unemployment delivered a historic blow to workers.

The US economy lost 20.5 million jobs in April, the Bureau of Labor Statistics said Friday — by far the most sudden and largest decline since the government began tracking the data in 1939.

Those losses follow steep cutbacks in March as well, when employers slashed 870,000 jobs. Those two months amount to layoffs so severe, they more than double the 8.7 million jobs lost during the financial crisis.

…

The unemployment rate soared to 14.7% in April, its highest level since the BLS started recording the monthly rate in 1948. The last time American joblessness was that severe was the Great Depression: The unemployment rate peaked at 24.9% in 1933, according to historical annual estimates from the BLS.

By all accounts, it’s been a devastating two months for American workers.

“Devastating” is not the correct word. It is devastating when your dog gets hit by a car or your wife files for divorce. What this is is “life destroying.”

This is your life now. It’s never going back to normal.

This number is going to double in May, as businesses realize that they are not opening back up.

A full 67% of American jobs are in the service sector. Basically all of those jobs are gone. Other jobs are going to go as well.

100% of small businesses are going to be wiped out.

This system was not stable. It’s like a Jenga tower.

Rebuilding is not something that is going to happen in our lifetimes. Before peace is achieved, America is going to break into smaller countries. An entire new order will be formed.

Everything you know and love is gone.

The future is here.

I know it still feels surreal, and the fact that we’re locked in our houses, and businesses are closed ostensibly due to the flu, makes it all more difficult to grasp. That was on purpose. This whole thing was done on purpose by the Jews in order to usher in a new form of society, where you have no freedoms and are treated like an animal.

I don’t really think this is going to work. There is no way they could have planned it out coherently. This is too big and there are too many factors involved for a predictive model to work. The first phase of it worked – getting everyone scared to death of the flu so they were incapable of thinking logically about the consequences of their actions – but it’s going to get a lot more complicated from here on out.

The most important thing that any of you can do right now is make a vow before God that you won’t start injecting drugs. That is not a joke. The de facto behavior of the masses of unemployed men, whose wives have left, who are forced to live in desolate government housing complexes and eat government soup, is going to be to retreat into drug use.

Even if you’ve never done drugs before, you’re going to be tempted by this, as people all around you take this way out. The government is going to make sure it is everywhere, as a way to suppress riots. You have to not do that.

We are going to make it through this. We are. Some of us are going to live to see the birth of a new world.

It will be beautiful.

Most of us, however, probably will not live that far. But we might live to join a rape gang and own the road.

It doesn’t matter. We don’t have any choice but to fight.

All of the stuff we’ve always talked about, regarding strength, devotion to God, loyalty to our brothers – this is all we have now. Your material possessions are gone, your professional ambitions are gone. Any future that you planned is dead and gone.

The only thing that is left is you and your will to fight.

Take this seriously.

But don’t take it too seriously.

If you take it too seriously, it’s going to break you.

Look at it like it’s a video game. But one where if you lose, you die in real life.

This party is just getting started.

We are looking at a 50% unemployment rate when people are finally released from their houses.

This is going to be so bad that you just can’t even begin to comprehend how bad it is going to be.

Fox News:

The U.S. economy lost 701,000 jobs in March, snapping a decade-long record of employment growth, as strict measures to contain the coronavirus pandemic shuttered businesses and forced Americans to stay at home.

It was the first decline in payrolls since September 2010, and the steepest since March 2009, in the midst of the Great Recession.

The unemployment rate jumped to 4.4 percent, up from a half-century low of 3.5 percent in February.

Economists surveyed by Refinitiv had forecast a payroll decline of 100,000 and the unemployment rate to rise to 3.8 percent.

Restaurants, bars, hotels, airlines, cruise lines, automakers and entertainment venues have been hit hard by the pandemic as a growing number of jurisdictions have ordered the closure of nonessential businesses and directed residents to stay at home.

But the Labor Department’s employment report, which is based on surveys conducted in the early weeks of the month, when large swaths of the economy had not yet shut down, does not fully reflect the depth of the economic calamity that the virus outbreak has inflicted. In the final two weeks of the month, 10 million Americans applied for unemployment benefits, a stunning sign of the scope of the economic crash.

Ten million.

Already.

While we’re still in our houses.

Imagine when we get out of our houses, and the hysteria has passed, and the reality of what we’ve done sets in?

What it looks like now is that they’re going to have to wait to release everyone until they’re ready to declare war on China, and then jump directly from this crisis into that crisis.

I don’t see any other course of action, and the government is going to come to the same conclusion.

In case you hadn’t noticed, we appear to presently be in the beginning stages of a kind of apocalyptic scenario.

Maybe we’re not.

Probably, we are.

I can’t really tell exactly, but what it looks like is that Russia has kicked the world economy while it was down in order to ensure a civilizational scale global economic disaster. Convincing Saudi Arabia to start pumping out massive amounts of oil right when Coronavirus was in the middle of raping the markets appears to have not been a coincidental action.

But Russia says it’s ready.

Because if there is one thing Russians are good at, it’s being poor.

RT:

Russia’s sovereign wealth fund has enough reserves to cover budget deficit for years, even if oil prices stay between $25 and $30 per barrel, the Finance Ministry announced amid a dramatic oil market crash.

Despite Monday being a public holiday in Russia, both the Ministry of Finance and the Central Bank were quick to react to the overnight drop in oil prices of nearly 30 percent. The former said that the Russian National Wealth Fund has $150 billion (more than 10 trillion rubles) worth of liquid assets from additional oil and gas revenues, which is enough to offset a possible shortfall from falling crude prices for 6-10 years.

…

Last week, OPEC agreed on deeper production cuts to boost oil prices amid the coronavirus outbreak, but Russia refused to support the initiative, recommending prolonging existing cuts. As a result of the disagreement, the current deal expires next month, creating the risk of additional oversupply in the market, which is already bracing for reduced imports by coronavirus-hit China, one of the main importers of oil.

In a shock announcement on Sunday, Saudi Arabia said it wants to increase oil production instead of cutting it, and also offered a discount for buyers of its oil. The move was seen as the start of a price war, triggering massive losses in global benchmarks Brent and WTI.

If we are facing a global apocalypse, then it is pretty important that Russia abides.

If Russia abides and the West falls off the cliff it’s been riding towards for the last seven decades, then the pieces can be picked up. If Russia falls with the rest of the planet, well, then that means the jig is up.

But who knows.

Maybe the virus will slow down in the rest of the world like it did in China before the bottom falls out of the economy completely. We’ve really only got to make it until the weather breaks, in which situation the virus dies and everything goes back to normal.

Maybe we’re all just craving a happening, and this isn’t really as bad as it looks like it might be.

But I’ll tell you, whatever the experts say, when I see this:

My thought is always: “surely, God will cleanse us with fire.”

And I think that’s fine.

This ride was never intended to last forever.

I don’t know if I believe the Trump-hate polls.

We have no reason to believe these polls, because they lie about these polls…. but we do have a lot of reasons to believe that people hate Trump, because he doesn’t do anything, and because he is too orange.

But the fact that everyone thinks the economy is going to collapse – I believe that.

Washington Post:

President Trump is ending a tumultuous summer with his approval rating slipping back from a July high as Americans express widespread concern about the trade war with China and a majority of voters now expect a recession within the next year, according to a new Washington Post-ABC News poll.

The survey highlights how one of Trump’s central arguments for reelection — the strong U.S. economy — is beginning to show signs of potential turmoil as voters express fears that the escalating trade dispute with China will end up raising the price of goods for U.S. consumers.

The poll also shows a schism between Americans’ continued positive ratings of the economy and fears of a downturn, with far more saying Trump’s policies have increased chances of a recession than decreased it.

Trump’s approval rating among voting-age Americans stands at 38 percent, down from 44 percent in June but similar to 39 percent in April, with 56 percent now saying they disapprove of his performance in office. Among registered voters, 40 percent say they approve of Trump, while 55 percent disapprove.

…

A separate question finds 6 in 10 say that a recession is either “very likely” or “somewhat likely” in the next year. That fear compares with 69 percent who said a recession was likely in fall 2007, shortly before the recession began later that year.

It’s probable that the Jews don’t want Trump to be reelected, and so will collapse the economy.

Or maybe they do want him to be reelected, because they want him to start a bunch of wars, so they’ll wait until after the election to collapse the economy, at which point his ego will drive him to start a bunch of wars to distract from the collapsed economy.

Who knows?

What’s for certain is that we’re all doomed, lol.

All of our enemies are collapsing before our eyes.

And down he goes!

NY Daily News:

Minnesota Gov. Mark Dayton collapsed while discussing the importance of healthcare during his State of the State address at the St. Paul capitol building on Monday.

For those who don’t know, Mark Dayton (a Democrat) is a confirmed enemy of the White race.

He sponsored sodomite rights bills, abortion programs and is loved by Blacks and other minorities. He’s the one responsible for legalizing gay marriage in his state.

You shall know a man by the friends he keeps…

Dayton fell to the ground after pausing to take a sip of water about 40 minutes into the talk. The 69-year-old was slurring his speech moments before the apparent medical emergency.

Artist’s rendition of his collapse.

“Get him to the ground,” said one person, who was captured on an open microphone while rushing to help the second-term Democrat.

A camera in the House Chambers continued to roll as lawmakers gasped and stood up in their seats. A handful of state staffers and politicians crowded around Dayton behind a podium.

As we ascend to the throne of power, the heavens punish the traitors and cuckolds who are infesting the halls of government.

They all have to go.

Those lucky enough to escape divine retribution will have to be destroyed by Trump’s hand itself. They can only pray that he will be more merciful than the Gods were to Dayton.

I wouldn’t count on it.

I told you all that following the collapse we witnessed on 911, the world would be a different place.

Well, I was right again.

The LA Times national poll, taken between September 8th and September 14th, has Trump up six points.

Six points.

Six points.

This is a massacre.

On 911, they were tied.

And this polling window only includes half of the time after the collapse, less than that if you consider it took 24 hours for it to set in. Meaning in real life, Trump is probably leading by 10 points.

If they’re going to pull Clinton for Biden, they’re going to do it today, or maybe tomorrow.

Exciting times.

The eternal

The British are famous for their intelligence services, Lawrence of Arabia being an iconic image that they seem to want to spread. What they do not want to spread is how this power is used in Britain to crush any opposition to the disgusting Jew’s absolute domination of the extinguished empire.

I’ve heard stories of people in Britain with wrong views being arrested by the police and beaten bloody behind the curtains and others getting offers they can’t refuse.

With this in mind, it should not be surprising that the treasonous Government of Britain, filled with Paki-loving masons and puppets, has decided to aid Saudi Arabia in shutting down opposition to the King’s tyrannic, Islamist rule. The very same King that funds the spreading of Salafi Islam to the west.

RT:

British police are teaching Saudi officers hi-tech crime detection techniques that could lead to the “torture and execution” of pro-democracy activists, a human rights charity claims.

Reprieve says a “scandalous” internal police document released under Freedom of Information laws shows Saudi personnel have been trained in detective work and high-tech forensics at England and Wales’ College of Policing.

The report shows college bosses recognized there was a risk “the skills being trained are used to identify individuals who later go on to be tortured or subjected to other human rights abuses.”

…

But there was also concern expressed that if the college declined to support the training, there might be “wider risks to UK partnerships and trade.”

…

According to the documents, the objectives of the training were diplomatic, development and security benefits, and highlighted how cooperation with Saudi Arabia on counter-terrorism had helped find a printer cartridge bomb in a cargo plane at East Midlands Airport in 2010.

The training the British give the tyrannic Saudis will be used to crush any opposition with an iron fist. These are the same people who gave us Osama bin Laden and ISIS. And the British are supposed to help them?

Trust us goys, we know what we’re doing.

Saudi Arabia is a country whose oil will soon dry up, and when that happens the Saudi dynasty will fall. Right now, Saudi Arabia is the most obese country in the world due to them also having one of the world’s most generous welfare systems.

Average fat Saudi sharia enforcers

This makes almost all of them dependent on the state, which enables the Saudis to keep power. That along with modern Western military equipment (which most of them can barely use) and Colombian mercenaries.

You think ISIS is bad? Just wait until the Saudi dynasty finally collapses.

11:32:57 – trades from NYSE drop sharply, sputter a few minutes, then nothing. Each dot a NYSE trade pic.twitter.com/QmJl8Y2b91

— Eric Scott Hunsader (@nanexllc) July 8, 2015

Without warning and without a reason given, the New York Stock Exchange has just shut down.

It currently isn’t clear if this is a technical problem.

This is a weird happening.

This is happening as the Chinese market may be collapsing, and the Greece situation is spiraling out of control.

Also weird, United Airlines shut down all flights this morning due to some technical. If the NYSE issue is technical, it would be a strange coincidence if it wasn’t connected to that technical problem, which creates a whole new series of possible happenings. Skynet could well have gone online.

Meanwhile, the Daily Stormer’s banner has mysteriously changed.

It is quite possible that it is finally happening.