People Aren’t Paying Their Mortgage! Prepare for the Second Wave of Financial Crisis

The average person doesn’t get it. You can’t bail this system out. You can’t actually believe that printing money ever resolves anything. Many people never even recovered from 2008. Imagine what will happen to them now? We are entering the second wave of this crisis. Be ready.

Every crisis is used as an opportunity by the globalist elite. They compound their control. There has never been a time in history where these groups have had so much concentrated power over the markets and the general public. With every passing day, a new bailout is introduced. But unlike in 2008, as banks were failing, they had a good excuse to pump money into them. Today, they simply used them as a middle man so they could make a risk-free government guaranteed profit from the transaction. Not bad.

 

Large public companies are taking small businesses payroll loans

www.cnbc.com/2020/04/21/large-public-companies-are-taking-small-businesses-payroll-loans.html

Carl Quintanilla on Twitter: “A list of public companies that have reported receiving #PPPloan assistance (via Morgan Stanley) t.co/25Le6RnRqi” / Twitter

twitter.com/carlquintanilla/status/1252566229933527040

Scores of US public companies take small business rescue funds | Financial Times

www.ft.com/content/f33e5b29-c666-4a72-a0a1-a54cea2a7b1f

More Than 2.9 Million Homeowners Already in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set, Represents 5.5% of All Mortgages – Black Knight, Inc.

www.blackknightinc.com/more-than-2-9-million-homeowners-already-in-covid-19-related-forbearance-plans-according-to-black-knights-mcdash-flash-data-set-represents-5-5-of-all-mortgages/

Mortgage forbearance level now at 5.95% – HousingWire

www.housingwire.com/articles/mortgage-forbearance-level-now-at-5-95/

AP: Publicly traded firms get $300M in small-business loans

apnews.com/6c5942eec36cc43b25ad5df5afebcfbd

Trump pledges funds for oil industry to avert deeper job losses – Houston Chronicle

www.chron.com/business/article/Trump-Pledges-Funds-for-Oil-Industry-After-Prices-15215376.php

Senate passes $484B coronavirus relief package | TheHill

thehill.com/homenews/senate/493959-senate-passes-484b-coronavirus-relief-package

Daily Job Cuts – Layoffs, Job Layoffs List 2020 / 2019 , News , Bankruptcy, Store closings, Business Economy News

www.dailyjobcuts.com/

Big Investors Warn Hedge Funds on Tapping Small-Business Aid – Bloomberg

www.bloomberg.com/news/articles/2020-04-21/big-investors-warn-hedge-funds-on-tapping-small-business-loans

Wells Fargo, JPMorgan Among Banks Sued Over SBA Virus Loans – Bloomberg

www.bloomberg.com/news/articles/2020-04-20/wells-fargo-jpmorgan-among-banks-sued-by-small-business-owners

Illinois Senate Democrats Seek Massive Federal Bailout for State, Going Far Beyond Coronavirus Impact – Wirepoints | Wirepoints

wirepoints.org/illinois-senate-democrats-seek-massive-federal-bailout-for-state-going-far-beyond-coronavirus-impact-wirepoints/

Battered CLO Investors Are About to Get a Look at Their Losses – Bloomberg

www.bloomberg.com/news/articles/2020-04-20/clo-reckoning-arrives-downgrade-wave-tests-700-billion-market