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FORUM | Opinions Watch: Billionaire Real Estate Investor Expects ‘One Or Two’ Bank Failures A Week, UK Economist Says “Entering A New Dark Age” ●●● https://www.zerohedge.com/economics/watch-billionaire-real-estate-investor-expects-one-or-two-bank-failures-week-uk-economist by Zero Hedge May 9th 2024, 11:53 am Economist warns: "Most at-risk firms are smaller banks representing assets under $10 billion, with a handful of larger regional ones. Some might be able to avoid closing by halting expansion plans or offering fewer services. Others might save themselves by merging with larger banks." Billionaire Barry Sternlicht, Founder, Chairman and CEO of Starwood Capital Group has issued an ominous warning about America’s regional banks, which he says will fail at a rate of ‘one or two’ per week. Speaking with CNBC on Tuesday, Sternlicht says he thinks that primary real estate lenders – community and regional banks – are about to get whacked. “You’re going to see a regional bank fail every day, or not — every week, maybe two a week,” he said, adding that Fed Chair Jerome Powell’s ongoing rate hikes will continue to have consequences for the real estate sector. “He’s got a hard task with a blunt tool, and the consequence is the real estate markets are taking it on the chin because rates rose so fast. We could have handled this, but we couldn’t handle it this fast,” he said. “The 1.9 trillion of real estate loans, that’s a fragile animal right now.” Watch: https://banned.video/watch?id=5b92a1e6568f22455f55be2b https://www.youtube.com/ As Schiff Gold notes, the fed must cut to avoid a banking crisis.

Most at-risk firms are smaller banks representing assets under $10 billion, with a handful of larger regional ones. Some might be able to avoid closing by halting expansion plans or offering fewer services. Others might save themselves by merging with larger banks. But with inflation too high for the Fed to cut now, “higher for longer” interest rate policy is looking increasingly likely, and banks with high exposure to troubled commercial real estate are at particular risk of starting a domino effect of small collapses that lead to bigger ones and bleed into becoming a real estate crisis. … In all its hubris, the Fed is stuck between preventing a banking crisis and preventing inflation from getting even more out of control. It needs higher rates to reduce inflation, but crucial sectors of the economy that are heavily dependent on lending can’t survive in a higher-rate environment, even if they don’t appear insolvent at first glance.

There are more than 4,000 regional and community banks throughout the United States, however just one – Republic First Bank – has shuttered since the start of 2024, after the FDIC seized $4 billion in deposits and $6 billion in assets last month. Read more here, here, here, and most detailed here. Meanwhile, UK fund manager, former MEP, and previously Nigel Farage’s economic spokesman Godfrey Bloom has issued a similar warning to Stenlicht, telling former UK parliamentary candidate Jim Ferguson on his podcast that the banks are insolvent. “We are entering a new dark age,” says Bloom, who recommends that people “take your money out of the banks.” Watch: https://x.com/JimFergusonUK/status/1788503981469094071 https://www.zerohedge.com/economics/watch-billionaire-real-estate-investor-expects-one-or-two-bank-failures-week-uk-economist

FORUM | World at War Russia Will Not Allow Global Conflict – Putin ●●● https://www.rt.com/russia/597293-russia-not-allow-global-conflict-putin/ by RT May 9th 2024, 5:39 am The country’s strategic forces are always ‘on alert’ against potential threats, the Russian president has said at the Victory Day parade. Russia will do all in its power to prevent a “global collision,” but will also not allow any threats to the country, President Vladimir Putin has said in his address to the Victory Day military parade in Moscow. At the event celebrating the 79th anniversary of victory over Nazi Germany, Putin noted that the Russian military is “always on alert” and ready to defend the country’s sovereignty. “The West would like to forget the lessons of World War II, but we remember that the fate of humanity was decided in grandiose battles near Moscow and Leningrad,” as well as other cities, Putin said. The president emphasized that Russia is “experiencing a difficult milestone period” in its history, noting that the fate of the country depends on every Russian. “We celebrate this Victory Day in the conditions of the special military operation – all its participants, those who are on the front lines – they are our heroes. We bow to their perseverance and sacrifice. All of Russia is with you,” Putin stated. Read more May 9th: How the anniversary of Nazi Germany’s surrender became the chief national holiday in modern Russia https://www.rt.com/russia/597224-wwii-victory-day-russia/ The Russian leader stressed that the country remembers all those who lost lives while fighting Nazism and those who were killed during the Ukraine conflict. He commemorated them with a minute of silence. “May 9 is always a very emotional, poignant day… Victory Day unites all generations. We are moving forward based on our centuries-old traditions and are confident that together we will ensure a free, safe future for Russia,” Putin stressed. The president’s speech ended in the traditional manner with canon blasts and the Russian national anthem. Military parades and other events celebrating Victory Day are taking place in over 300 cities across Russia. For over a decade now, the celebration also included a massive civilian march known as the Immortal Regiment, in which people carry portraits of their relatives who fought the Nazis during the war. This year, the ceremony was canceled due to security concerns. https://odysee.com/@RT:fd/never-forget:87?src=embed

FORUM | Editors Choice Putin Orders Nuclear Drills in Response to Western Threats to Send Troops to Ukraine Front ●●● https://www.msn.com/en-us/news/other/putin-orders-tactical-nuclear-weapons-drills-in-response-to-western-threats/ar-BB1lUqyx by Jamie White May 6th 2024, 3:10 pm Moscow plans to test its ability to deploy tactical nuclear weapons after Britain and France threaten to send troops to Ukraine. Russian President Vladimir Putin announced tactical nuclear weapons drills in response to “belligerent statements” made by Western leaders threatening to put troops on the ground in Ukraine. “During the exercises, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons,” Russia’s defense ministry said Monday. https://www.msn.com/en-us/news/other/putin-orders-tactical-nuclear-weapons-drills-in-response-to-western-threats/ar-BB1lUqyx https://www.youtube.com/watch?v=4XihItSNpVo Non-strategic or “tactical” nuclear weapons can be used in battlefield scenarios, whereas strategic nuclear weapons have the potential to level entire cities when launched from great distances. https://www.youtube.com/watch?v=CO_SwtYQIAA Kremlin spokesman Dmitry Peskov said the drills were in response to escalatory rhetoric made by French, British and American leaders on the war in Ukraine. “They talked about the readiness and even the intention to send armed contingents to Ukraine, that is, in fact, to put NATO soldiers in front of the Russian military,” Peskov said. “This is a completely new round of escalation of tension. It is unprecedented. It requires special attention and special measures.” French President Emmanuel Macron in February said France could not rule out sending troops to Ukraine, prompting pushback even from fellow EU countries like Germany. He echoed the same remarks last week in an interview with The Economist. “I have a clear strategic objective: Russia cannot win in Ukraine,” Macron said. “If Russia wins in Ukraine, there will be no security in Europe. Who can pretend that Russia will stop there? What security will there be for the other neighboring countries, Moldova, Romania, Poland, Lithuania and the others?” he asked. https://www.lemonde.fr/en/france/article/2024/05/02/macron-doesn-t-rule-out-troops-for-ukraine-if-russia-breaks-front-lines_6670198_7.html British Foreign Secretary David Cameron during a visit to Ukraine last week said that Ukraine may use British-supplied weapons to strike targets inside Russia. https://www.atlanticcouncil.org/blogs/ukrainealert/uk-gives-ukraine-green-light-to-use-british-weapons-inside-russia/ “In terms of what the Ukrainians do, in our view it is their decision about how to use these weapons. They are defending their country. They were illegally invaded by Putin and they must take those steps,” Cameron said after the UK pledged continued financial and military support for Ukraine. Former Russian President Dmitri Medvedev lambasted the current “cynical” Western leadership in an X post, arguing Russia is witnessing “some kind of total degradation of the Western ruling class.” “None of them will be able to hide either on Capitol Hill, or in the Elysee Palace, or in 10 Downing Street. It will be a global catastrophe,” Medvedev warned, should NATO deploy ground troops to Ukraine. https://x.com/MedvedevRussiaE/status/1787427096320430252 “This is something that Kennedy and Khruschev managed to understand over 60 years ago; and something that the present-day infantile morons in power in the West don’t want to comprehend,” he added. Russia’s tactical nuclear weapons drills also come days after NATO Secretary-General Jens Stoltenberg insisted that Ukraine is on an “irreversible path” toward becoming a member of the military alliance. https://x.com/MyLordBebo/status/1784929553875370044 Russia has repeatedly warned that Ukraine joining NATO marks a red line that represents a declaration of direct war with the West and justifies an extraordinary military response.

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FORUM | Politics Pro-Palestianian Protesters Backed by ‘Biden’s Biggest Donors,’ Politico Admits ●●● https://www.politico.com/news/2024/05/05/pro-palestinian-protests-columbia-university-funding-donors-00156135 I n f o w a r s . c o m May 5th 2024, 11:49 am Soros, Gates, Rockefeller and Pritzker all financially backing radical groups chanting "Genocide Joe" on college campuses. Pro-Palestinian protest groups overrunning university campuses across the country are backed by some of Joe Biden’s biggest donors, including George Soros, Bill Gates, and David Rockefeller Jr., Politico reported on Sunday. https://x.com/politico/status/1787075779592880245 Ironic, given the demonstrators calling Biden “Genocide Joe” are receiving financial backing from the same globalists pushing hard for his reelection. https://x.com/sahouraxo/status/1786867869877248035 From Politico:

The donors include some of the biggest names in Democratic circles: Gates, Soros, Rockefeller and Pritzker, according to a POLITICO analysis. Two of the main organizers behind protests at Columbia University and on other campuses are Jewish Voice for Peace and IfNotNow. Both are supported by the Tides Foundation, which is seeded by Democratic megadonor George Soros as well as the Bill and Melinda Gates Foundation, and it in turn supports numerous small nonprofits that work for social change. (Gates did not return a request for comment, and Soros declined to comment.) Another notable Democratic donor whose philanthropy has helped fund the protest movement is David Rockefeller Jr., who sits on the board of the Rockefeller Brothers Fund. In 2022, the fund gave $300,000 to the Tides Foundation; according to nonprofit tax forms, Tides has given nearly $500,000 over the past five years to Jewish Voice for Peace, which explicitly describes itself as anti-Zionist. https://projects.propublica.org/nonprofits/organizations/510198509/202333189349300213/IRS990ScheduleI https://www.rbf.org/grantees/jewish-voice-peace-inc Several other groups involved in pro-Palestinian protests are backed by a foundation funded by Susan and Nick Pritzker, heir to the Hyatt Hotel empire — and supporters of Biden and numerous Democratic campaigns, including $6,600 to the Biden Victory Fund a few months ago and more than $300,000 during the 2020 campaign.

https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=Pritzker%2C+Nicholas&contributor_name=Pritzker%2C+Nick&contributor_name=Pritzker%2C+Susan Biden last week condemned the protests backed by his own donors that at times have become violent. “Destroying property is not a peaceful protest, it’s against the law,” Biden said. “Vandalism, trespassing, breaking windows, shutting down campuses, forcing the cancellation of classes and graduation, none of this is a peaceful protest.” Politico explained that Democrat politics are sometimes at odds with leftist causes, and the Israel-Gaza conflict is the latest example. “The trail of donations shows a series of blurred lines when it comes to liberal causes and Democratic politics,” the outlet reported. “Often those missions are aligned, but they also sometimes have different and — particularly when it comes to Gaza — conflicting agendas and tactics. And a small group of wealthy heavyweights are often playing an outsize role funding many of them.” “Some advisers to left-leaning causes say that’s just part of the way things work when it comes to philanthropic giving,” Politico added. The report must embarrass pundits like Fox News anchor Neil Cavuto, who argued on Friday that Soros had nothing to do with the campus protests. Of course, Infowars was reporting on Soros’ and other prominent leftists’ involvement in these radical protests weeks ago: https://www.politico.com/news/2024/05/05/pro-palestinian-protests-columbia-university-funding-donors-00156135 EMERGENCY WARNING: Deep State Officially Planning To Launch American Civil War https://banned.video/watch?id=662ef4bca9f72ea3d3735f64