Advertisement

Steven Van Metre: A Cascading Wave of Defaults is about to Topple the Banks

0
261
Advertisement

Steven Van Metre
Oct 10, 2022

Banks will face serious losses when asset-backed loans fail. As demand and the economy continue to cool, borrowers will struggle to make payments on their car loans. When they stop payment, banks who have underwritten these loans will fail. The timing couldn’t be worse, with third quarter earnings looking grim.

https://www.youtube.com/watch?v=NJrks5IqSgo

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles

Advertisement
Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here