🚨 WARNING: A Harris presidency could drain your bank account and cost taxpayers billions. 💸
PatriotR Daily News 9/18/24
Amanda Williams September 18, 2024
FINANCIAL NEWS 🚨 WARNING: A Harris presidency could drain your bank account and cost taxpayers billions. 💸
Trump’s campaign just launched a website that reveals the shocking costs YOU will face if Kamala Harris becomes president and allows the Trump Tax Cuts to expire. The numbers are terrifying—most taxpayers could be hit with an average of $2,580 MORE in taxes, while states like California and Washington will see spikes of $4,000+! 💥
Democrats are ready to work with Harris to take more money out of your pocket and cripple your finances with one of the largest tax increases in American history. The Trump Tax Cuts transformed the economy, but with Harris at the helm, families and small businesses will be crushed under massive tax hikes and skyrocketing costs. 🚨Read More.
ECONOMIC NEW
Bank Failures Are Coming: Why You Should Be Worried About Your Savings and Real Estate Investments
A financial storm is looming, with regional bank failures becoming a near certainty, driven by the collapse of commercial real estate (CRE). Office buildings are losing tenants due to remote work, plummeting in value, and pushing many banks—especially smaller regional ones—toward failure. With over half of FDIC-insured banks heavily exposed to CRE loans, the fallout could be massive, leading to a ripple effect throughout the financial system.
Small and midsize banks, crucial for real estate lending, are at risk of collapse. Large banks won’t fill the gap, leaving real estate developers and investors scrambling, driving borrowing costs up, and increasing business failures. Banks have been masking their losses by extending loans, but when the financial reckoning comes, the impact will be severe.
The FDIC’s safety net isn’t as secure as many think, with funds covering only a small fraction of total bank assets. If numerous banks fail, depositors could face real risks, especially those with more than $250,000 in savings. Diversifying assets, particularly with gold, offers a hedge against this instability. With financial uncertainty growing, now is the time to protect your wealth before bank failures and real estate collapse hit hard. Read More.
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