Today I Want to talk about how there's at least $1.2 trillion in Hidden losses at these major Banks and I Want to explain what will happen to these Banks when they have to realize even just some of these trillions in losses. So stay tuned and let's make some money. We also had two absolutely crazy plays in the millionaire mindset Trading Group today, one running 190% and the other running 140% but I'll touch on those in more detail a little later in the video and now live straight in with the key information. So Frank tweeted saying once a $3 trillion asset class offices now are probably worth just 1.8 trillion said Stern the Chief Executive Officer of Starwood Capital group.

He said there's 1.2 trillion of losses spread somewhere and nobody knows exactly where it all is now. So first, let's explain what's actually going on with these offices. exactly how $1.2 trillion of losses has come to fruition. whether it's realized or unrealized and whereabouts it actually is.

Well, as a result of the commercial real estate collapse over the last few years due to effectively, their work from Home movement offices have now decreased in value significantly down from $3 trillion to 1.8 trillion. Now, that's obviously a $1.2 trillion loss that many companies are going to have to realize on their books at some point. but so far, those are unreal ized losses. But so what are these unrealized losses? And how does it differ between the property value and the loan value? Well, obviously there's many companies out there that own these offices on their books.

They had these offices valued at $3 trillion and now they need to decrease those values to 1.8 trillion. But there's obviously many banks out there that provided the financing on these offices as well provided the loans. But obviously, as these offices have decreased in value so significantly, many property companies are actually defaulting on their loans. We've seen articles over the last year or two of big giant property companies defaulting on hundreds of millions, even billions of dollars worth of property loans.

And obviously, when the default occurs, those unrealized losses turn to realized losses for those Banks and they have to recognize them in their books. But what the CEO of Starwood capitalist saying is? there's $1.2 trillion of losses spread somewhere, but nobody knows exactly where it is now. The banks have started to realize some of the unrealized losses, but yet so far, haven't recognized too many of the realized losses. obviously.

I've shown you many articles like this over the last few months of these banks with major unrealized losses now tipping the scales at around $684 billion. But hang on, Isn't that number supposed to be 1.2 trillion of losses total? Why are they only recognizing unrealized losses of 684 billion so far? Where's the rest? Well, that's exactly what the CEO of Starwood capital is getting at. There is $1.2 trillion in losses, but they're spread somewhere, but nobody knows exactly where all of it is. Maybe he's hinting that Banks actually haven't recognized all of these losses related to the commercial real estate sector.

Maybe there's more they need to realize, or maybe there's some they've already realized that they're just trying to hide. Regardless of where those losses actually are, these banks are currently sitting on nearly $700 billion worth of losses and that supposedly as Planet of the Apes has tweeted is the Smart money with nearly $700 billion of losses. And as Chris added, he said, if you don't know your impact, here's the proof. He said if you don't know if they sell you a share, regardless of if it's available or not or can be located or not, here's the proof.

He said every single share bought is a handful of dirt that lowers the grave we force them to dig for themselves because obviously every single share sold to us or every single share shorted to us is a liability they later have to cover. and so far these liabilities are stacking up in all corners of these Banks it seems with nearly 700 billion in total, unrealized losses. Now, today, we had two colossal trades in the millionaire mindset Trading Group The first was Mark remark Holdings which we alerted at 50 cents, again at 79 cents, and again around A12. Obviously that ran for a total of 191% and if you got in on the second breakout, it would have still ran for 85% gains.

Now on top of that, we also had Nexi, which ran for 140% and Jaming locked in 60% gains. We also had Night Chaos locking in 75% gains on Tesla and Moses locking in around $570 So guys, be sure to join the millionaire mindset. Trading Group Using the link in the description below, ready for the start of February so we can make some brilliant plays together and remember the 100% guaranteed refund policy. If you don't make a singular, profitable trade in 30 days with the new website, you won't be rebuild at the start of the month.

He won't be rebuild until the very end of February. So guys, be sure to join today using the link in the description below now in my video yesterday I touched on Everr and the potential Fallout from Everr and exactly which banks and which hedge funds may be taking on losses. I Said we first need to wait for those Banks and hedge funds to announce how much losses they've taken on before we can judge the market impact and Luis has given us this screenshot from Boss Blunts of exactly which banks and hedge funds are holding ever Grant debt so big holders of the debt are Black Rock Ashmore Group UBS which is a really interesting one credential PLC Alians and many others. Now obviously UBS is very interesting because they've just taken on tons of toxic positions from credit, sweets and as Gold Telegraph has tweeted they've said funds from UBS among others are reported to have some of the highest exposure to Ever Grand over the past 12 months.

So it will be very interesting to see how big of a loss UBS announces and and how that impacts the bank. Obviously UBS recently took over, Credit S took on some massive losses, had to pay some giant fines as well, and I think UBS are also struggling as a result, especially as they're still holding many of those toxic Credit S liabilities like the toxic Total return swaps. depending on how much of a loss they take on from Everr, whether it's a few hundred million, a few billion, or tens of billions, we could also see UBS collapsing too. But obviously first, what we need to wait for is we need to wait for UBS to announce how much of a loss they've taken on and then obviously to estimate just how screwed UBS really are.

because because you can see from this screenshot here from this: Google Search it says UBS took over its rival Credit SS and a estate orchestrated rescue last year, creating a bank with a balance sheet of more than $1.6 trillion, nearly twice the size of the its economy. So if UBS does end up in trouble as a result of these toxic derivatives, toxic total return swaps, and Evergr losses, who on Earth out there is big enough to take them over? Obviously Citadel is Big Sure, but don't forget Citadel only has around $400 billion worth of total assets, so Citadel is like 1 the size of UBS I Think the only Bank big enough to take over UBS in a collapse event would be JP Morgan. But again, that would be a massive massive portion of JP Morgan's assets. So if UBS does end up taking on some significant evergrind losses, it could pretty much be game over for the financial system now.

Frank has also tweeted about the SEC charging Morgan Stanley and Powan Passi for the recent fraud. Now, obviously, this was a multi-year fraud involving the disclosure of confidential information about the sale of large quantities of stocks. Now, obviously, I'm going to skip out the majority of this article because there's only really one part that interested me or the failure of the part that interested me, which was the fines. So you think for a firm and for a specific high ranking person that's been caught committing Securities fraud, the only answer would be a fairly lengthy Pris sentence.

But so far the SEC has only levied a fine on Morgan Stanley of $138 million and a fine on PO and passi of $250,000 Now I Guess the SEC can only Implement civil penalties and not criminal proceedings. So I guess we'll have to see if this case goes any further. but $250,000 for a multi-year fraud for a high-ranking individual is literally pocket change for a high ranking individual that likely makes multiple millions of dollars per year As an individual, not even as a company being fine, $250,000 is like a month salary. As I said.

we'll have to wait to see if here ends up with a big prison sentence, whether it's 5, 10, 15, or 20 years, or whether it just gets brushed under the rug. But it really shows how lenient the SEC is being towards these criminals and how they pretty much have to help them and bail them out and have had to do so for the last couple of years. Likely because without the Sec's help, many of these hedge funds, market makers and institutions would have gone bankrupt and the squeeze would have happened long ago. So guys, be sure to let me know what you think down in the comments below.

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