LIVE! MAJOR WALL STREET SUPERBANKS ARE IN MORE TROUBLE THAN WE THINK... Mannarino
From Greg M
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go LOOK AT THE DERIVATIVE EXPOSURE BY ALL BANKS IT IS CRAZY HIGH ---THEN LOOK AT THE COMMERCIAL REAL ESTATE MARKET
https://www.schiffsovereign.com/trends/why-banks-in-the-us-are-quietly-panicking-151980/
Bank of America released its quarterly earnings report this morning, bright and early at 6:45am. And according to their newest financial statements, the bank is currently sitting on a whopping $112 BILLION in net unrealized bond losses.
To say this is atrocious would be a massive understatement.
Yet Bank of America had the audacity to say that their “balance sheet remained strong” throughout 2024.
What a hilarious fiction.
Hi Greg. I love your blog. I listen every day.
I saw this article and thought that you might be interested in it.
“Anonymous Chinese Programmer Donates and Burns $7M in Etherium Cryptocurrency, Warns of ‘Brain-Computer Weapons’. Talks About Computer Brain Chips That Control People As Slaves”
https://anamihalceamdphd.substack.com/p/anonymous-chinese-programmer-donates