HERE WE GO! ‘Wave of Defaults’ Incoming | No Way To Stop It Now
Losses are coming. European banks, bracing for rising interest rates, bolster their cash reserves against potential loan defaults. Barclays, in the UK, earmarked £896 million in H1, while Germany's Deutsche Bank saw a 72% rise in loan loss provisions at €401 million in Q2. Meanwhile, Spain's Santander increased its loan provisions by 21%. High inflation in Europe strains household budgets. Recent rate hikes by the European Central Bank and the Bank of England hinder economic growth, pushing euro nations towards recession. San Francisco's record office vacancies signal broader economic woes. Jonas Goltermann of Capital Economics points to significant concerns in the commercial real estate sector. The European Central Bank's interest rate stands at 3.75%, its highest since 2000, and the UK's Bank of England reached 5% in June. Consequently, UK mortgage holders face surging rates, with over 2 million prepping for bigger monthly payments due to refinancing. #defaults #Banks #InterestRates #bankrupt #Recession #ECB #federalreserve #RealEstate
Bracing For Wave of Defaults 0:00
Cash Strapped Consumer 11:38
Case Study 16:15
—————————————————————————————————
🔥 All My Tips and Strategies on the Discord Community: 🔥
https://discord.gg/QNgHFgxkq9
—————————————————————————————————
💵 HOW TO MAKE MONEY ON AMAZON: 💵
👉 http://TheAmazonGPS.com 👈
—————————————————————————————————
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
—————————————————————————————————
Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2023
-
12:35
The Money GPS
7 months ago $0.24 earnedThe Economy is MELTING DOWN and Here’s What You Need To Know
5365 -
37:36
DepressedGinger
20 hours ago*BOMBSHELL* Trump releases 2024 RNC platform agenda
2.71K11 -
6:34
scoutthedoggie
14 hours agoSnipers at Section8 Scotland
6.65K4 -
8:23
Freakin' Reviews
19 hours agoCan This COASTER Enhance Your Drink's Flavor? Boce Coaster Review!
4.74K9 -
11:48
Adam Does Movies
15 hours agoThe Acolyte: Episode 7 - The Power Of DUMB - Spoilers!
6.85K20 -
8:56
ParisDemers
20 hours agoBen Affleck’s Batman Workout Plan Will Get You Jacked FAST! (Full Plan)
5.47K1 -
18:26
JoBlo Originals
21 hours agoWhat Happened to Mad Max Beyond Thunderdome?!
8.29K8 -
37:57
Degenerate Plays
14 hours agoFakers And Liars And Cheats... Oh My! - Stellar Blade : Part 7
2K7 -
3:38:33
Fresh and Fit
9 hours agoFeminist Meltdown From Leonardo DiCaprio Dating 19 y/o ft. @MarquettDavon
86.5K162 -
52:58
Alex Zedra
10 hours agoLIVE! Another Girls Scary Game Night
47.5K20