The Ben Shapiro Show – Ep. 1804 – Are American Banks About To Hit The Doom Loop?

Intro

In this episode of “The Ben Shapiro Show,” Ben discusses the fragility of the American economy and the looming threat of a potential economic crash. He explores the risks posed by the commercial real estate market, inflation, and interest rate worries. Additionally, Ben delves into the Biden administration’s policies on fossil fuel production, the ongoing investigation into Hunter Biden, and the selective coverage of allegations by the media.

Main Takeaways

The Fragility of the American Economy

• Stories of economic crashes are emerging, highlighting the fragility of the American economy.
• The commercial real estate market is in meltdown, posing a potential risk for banks and the broader economy.
• Inflation has driven up construction costs, leading to defaults on loans and potential foreclosure spirals.
• Easy money policies by the Federal Reserve and Treasury Department have contributed to a grinding economy and loose investor decisions.

The Troubled Commercial Real Estate Market

• Rising interest rates and high vacancies have troubled the commercial real estate market.
• Banks have billions of dollars in commercial real estate loans, which pose a looming threat for the banking industry.
• Banks have increased their lending to landlords and exposure to commercial real estate, which is not usually counted in their tallies.

Inflation and Interest Rate Worries

• Inflation and interest rate worries continue to drag stocks downward.
• Easy money policies make people feel like the good times will continue indefinitely, exacerbating the boom-bust cycle.

The Biden Administration’s Policies

• Joe Biden is pursuing a reinflation of oil prices despite the Saudis cutting oil production until the end of 2023 due to their unhappiness with the Biden administration.
• Biden’s policies on cutting off fossil fuel production are regressive and will disproportionately affect the poor and middle class.
• Health insurance costs are rising due to inflationary policies pursued by Biden.

The Investigation into Hunter Biden

• Special counsel David Weiss intends to seek an indictment against Hunter Biden in the gun charge case.
• Hunter Biden’s role as a bag man for his father and potential corruption in his dealings with foreign companies like Burisma are major concerns.
• The judge refused a plea deal offered to Hunter Biden, indicating the seriousness of the case.

The Selective Coverage of Allegations by the Media

• The media selectively chooses what to cover and what not to cover, often favoring Democrats over Republicans.
• Examples like Larry Sinclair’s allegations about Barack Obama and the coverage of Christine Blasey Ford’s allegations demonstrate bias.
• The media’s standard for credible allegations seems to depend on the political affiliation of the accused.

Summary

The Fragility of the American Economy

The American economy is showing signs of fragility as stories of economic crashes emerge. The commercial real estate market is in meltdown, posing a potential risk for banks and the broader economy. Inflation has driven up construction costs, leading to defaults on loans and potential foreclosure spirals. The easy money policies of the past 20 years have contributed to a grinding economy and loose investor decisions.

The Troubled Commercial Real Estate Market

The commercial real estate market is troubled due to rising interest rates and high vacancies. Banks have billions of dollars in commercial real estate loans, which pose a looming threat for the banking industry. Moreover, banks have increased their lending to landlords and exposure to commercial real estate, which is not usually counted in their tallies.

Inflation and Interest Rate Worries

Inflation and interest rate worries continue to drag stocks downward. The easy money policies implemented by the Federal Reserve and Treasury Department make people feel like the good times will go on forever, exacerbating the boom-bust cycle.

The Biden Administration’s Policies

Joe Biden’s pursuit of reinflating oil prices despite the Saudis cutting oil production until the end of 2023 has raised concerns. Biden’s policies on cutting off fossil fuel production are regressive and will have a disproportionate impact on the poor and middle class. Additionally, health insurance costs are rising due to inflationary policies pursued by the Biden administration.

The Investigation into Hunter Biden

Special counsel David Weiss intends to seek an indictment against Hunter Biden in the gun charge case. The bigger issue with Hunter Biden is his role as a bag man for his father and potential corruption in his dealings with foreign companies like Burisma. The judge’s refusal of a plea deal offered to Hunter Biden highlights the seriousness of the case.

The Selective Coverage of Allegations by the Media

The media selectively chooses what to cover and what not to cover, often favoring Democrats over Republicans. Examples like Larry Sinclair’s allegations about Barack Obama and the coverage of Christine Blasey Ford’s allegations demonstrate bias. The media’s standard for credible allegations seems to depend on the political affiliation of the accused.

Conclusion

The fragility of the American economy, the troubled commercial real estate market, inflation and interest rate worries, the Biden administration’s policies, the investigation into Hunter Biden, and the selective coverage of allegations by the media are all important topics discussed in this episode. It is crucial to recognize the signs of a potential economic crash and be prepared for the worst. Additionally, the media’s bias in covering allegations raises questions about their credibility. Stay informed and critically evaluate the information presented to make well-informed decisions.