ilmscore | Banks Are Hiding the Real Economic Crisis – And No One’s Paying Attention

Predictions from this Video

Total: 6
Correct: 1
Incorrect: 1
Pending: 4
Unrated: 0
Prediction
Topic
Status
US and UK banks have $4.5 trillion in exposure to non-bank financial institutions (NBFIs).
"Banks in the United States and the United Kingdom have $4.5 trillion worth of exposure to hedge funds, private credit groups, and other non-bank financial institutions."
Banking System Vulnerabilities
Pending
40% of total banking assets are exposed to NBFIs in banks where exposures exceed capital, posing a risk if these NBFIs default.
"Lenders with non-bank exposures worth more than their capital now represent more than 40% of total banking assets."
Banking System Vulnerabilities
Pending
Recessions and market crashes are cyclical and will occur in the future.
"They've happened every decade for the last century. It's a matter of when, not if."
Economic Cycles
Pending
Another recession and market crash are predicted to occur.
"We're going to see another recession. We're going to see another market crash."
Economic Cycles
Incorrect
Recessions and market crashes are periods where more millionaires are created.
"More millionaires are made during recessions and market crashes than any other time."
Wealth Building
Correct
AI automation of entry-level jobs will create more millionaires for proactive individuals.
"traditional entry-level skills are now being automated by AI. But this is the silver lining because for those of you that are go-getters that want to go the extra mile, this shift is going to create more millionaires than ever before."
AI and Job Market
Pending