Steven Van Metre
Rising mortgage delinquencies are threatening to crash China’s banking system and trigger another global financial crisis. Making matters worse, the U.S. economy is also slowing down along with inflationary pressures, much to the surprise of many experts.
Jeff, Tracy, & Steve’s Research Reports
http://www.marketsinsiderpro.com
Portfolio Shield™
https://stevenvanmetre.com/portfolio-shield/
Website
https://stevenvanmetre.com/
Social Media
https://twitter.com/MetreSteven
https://www.linkedin.com/in/steven-van-metre-b4a08b182/
https://www.facebook.com/svmfin/
Portfolio Shield™, Momentum Timer Pro™, and Markets Insider Pro™ are unregistered trademarks of Steven Van Metre Financial.
Watermark Artwork by Jasmine Miller Twitter: @jazcreative
Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser and the opinions expressed by (AFA) on this show are their own and do not reflect the opinions of YouTube. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.
Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.
Doomster! The market has been going up for a month, yet almost every day a doomster video! What's up with that?
I've seen companies that nobody even understands how they've stayed in business still in business 20 years later (JCPenny), this will pass. This systems only collapse in the expectation of a fair system, that's not how reality works for dominant powers until they themselves collapse. They'll engineer crises, launch interventions and do all sorts of activities not captured by a linear field like economics. Let's not forget the US didn't beat the Soviet Union, the Soviets were puss** who backed down and didn't incinerate half the world. Imagining countries failing that are powerful is like imagining becoming a billionaire by working 9-5, very very logical as in a game. Perhaps Taiwan can be a pretext, or some other intervention.
Yeah, yeah; "verge of crises"…. yada yada.
WHEN WILL WE FINALLY SEE "FIREWORKS"…?
Always happy to see the Chinese getting there just deserts
Thx again, but damn you have many fake accounts on twitter, a whole bunch of them started to follow me after I followed you… very good copies of your profile, only the twitter addy stands out with small errors…
7% npl ratio is similar to what happened in the US in 2010. There will soon be opportunities in the Chinese real estate market. The tricky part is selecting the companies that will survive.
Tofu Dregs.
The only positive to come from this will be a large increase in organs for waiting recipients.
Lol 😂 china’s banking system isn’t going to collapse Steve van wrong metre
Spending so much time discussing a "may"
Ohh yea Steve, from bad to worse…really?
You should be very worried about China
In July 2022
China sold 2.4 million cars
Thats 10X more than Germany sold
And BMW opened it's THIRD factory in China
China is GM's LARGEST market. If it wasn't in China, it wouldn't even exist today
China hit a record $101 billion trade surplus in July
2021 AND 2022 inbound FDI continue to INCREASE
according to the American Chamber survey of members in China, despite all the worries, their investment INTO China is UP 30%
And FDI INTO Hong Kong, the place China is supposedly ruining?
That's at a new record high too
Are there downward pressures in China's real estate market. Definitely yes but they are a small % of the total market. 90% of Chinese households OWN their home and they don't have too much mortgage debt. The # of buyers caught up in builder problems is SMALL. The # of account holders caught up in a rural bank problem is SMALL.
But don't listen to me, listen to Steve, China's economy is collapsing Now Now Now! It's coming! Really!
Is there never ever any positive Video on this Channel?
Don't make your wishful thinking a news.
I know the east is your enemy, but at least be a professional when it comes to your audience, all of your audience ain't American and European.
Wait till US contractors stop paying the banks because they have too much inventory and can't sell them!!!
And its gone , lmao
Pete said there is zero inflation . Lmao
What I find interesting is the US media is barely covering this WHY?
Steve, prices are not going lower by much that will make any difference. Prices will move back higher soon for gas especially when China invades Taiwan which is right around the corner in my view. This bear market rally is already losing steam and the idiots fomoing into this are going to be utterly destroyed with a month
Unemployment is not going to be high… Boomers are retiring at record number
Dollars shortage is a real problem, and it gets exacerbated when the dollar is high. Countries with Treasuries chose not to sell them when it's rising. When countries are exporters to the USA the return them by buying Treasuries, driving rates lower. When countries are not exporters, but need them to say buy oil, they hoard them. It's like monopoly. Some players spend them, while some wait to spend them, the time between each action limits their availability.
Yea the count down is on what is it like 28 days, and when that passes another crush will be the new news.
Don't forget that many of these "homes" are investments which sit empty. And according to Peoples Bank of China it is $1.18 trillion or 7.4% to GDP as of 2020.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Kennet Gibbs last year, his confidence and skills is on a maximum level..
Argentina hikes interest rates to 69.5% as inflation hits 20-year high—USA 2 years from now
Mrs Sophia is the best, recommending her to all beginners who wants to recover from their losses and gain more like I did through her strategies.
It's my interpretation that Xi raised capitalization requirements in an attempt to reduce long term structural risk. Now some banks are overexposed and Xi seems to be willing to let them fail. Unlike America whose successive administrations appear happy to continue to kick the can down the road. It seems the end goal is to absorb up as many durable assets as possible until the monetary system explodes from unlimited money faucet.
Also people think 350 billion is huge but that’s only 300 dollars from each citizen's pocket. And don't forget the bailout was 700 billion from a population of 350 million. In a Democratic system no less, but the people certainly did not get to vote on that bill.
But "Pedo Pete" says there is "zero inflation".
Unlike the US, China can make rules, which allows the CCP government to take people's money without consent.
Is this guy gonna ever be right?