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Major Hotels Have Begun To Fail Along With The Hospitality Sector, The Waves Of Loan Defaults Begin!! - Must See Video

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Everything is beginning to collapse just as we’re hitting the peak of the bond market maturity wall. This means it’s about to get even worse as we’re beginning to see the waves of bankruptcies hitting the retail sector as they have seems a rush of very large names beginning to fail but the Hotel and leisure sector is now seeing even multi-million dollar hotels failing in Manhattan Hotel rooms that used to go for around $500 a night are now hoping to find someone to book a room for $83. The hotel industry has been hit extremely hard so far and judging by the collapse in the CMBX series 9 BBB- which has 17% exposure to the hotel industry some are suggesting that this is the next big short. Defaults are on the rise whether it is the rental car companies, hotels and according to Fitch ratings the energy sector is also in hot water. loan defaults have just reached a 6 years high and used car prices have taken a huge drop due to the fleets of used cars being dumped onto the market and soon if Hertz files bankruptcy their creditors may dump the entire fleet of cars at once which could be the finishing move on car prices. The car companies were already projecting declining sales before any of this came along and the employees were fighting with the automakers over money meaning things were already on the decline.

This is the systematic dismantling of our nation. When the true calamity shows its face in coming months, people will be in shock and not really understand how this happened while they were out buying their new 60″ TV.

Hear comes the rich to buy everthing.

We haven’t seen Anything YET.

One day in the future, kids will read about how America used to be a great and powerful empire just like we are reading about the Roman Empire and how it collapsed….

I’m an over the road truck driver, and I’ve seen an explosion of new hotels being built across the country in the past two years. I live in Orange County, and I saw an explosion of new hotels being built in Anaheim in the last couple of years. I think the big hotel chains expanded too quickly before the pandemic hit, and now they are paying for it dearly.

Imagine that. A service economy going under when US shuts down & or restricts services

The US Gov also killed off the natives food supply in order to subjugate them into becoming dependent slaves. Become self sufficient as much as possible or spend the rest of your life as such.

Central banks and corporations own and control everything in the world. Politics is all theater to control the population with disinformation. It has worked well. All presidents and politicians are controlled by the deep state and have been for centuries. Trump has already enacted NWO but most have not noticed. We truly are a dumbed down population.

It Really Sucks being a Service Economy. Boycott China.


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    • AJ

      Day late and a dollar shy…….

      • Slimey

        ..and missing a doughnut. :lol:

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