Blackstone's Trillion Dollar COLLAPSE

Many of us have heard about Blackstone basically owning much of the world especially in real estate. Well it would appear they are in trouble according to the following video. They paid in 2022 their CEO over a billion dollar bonus (1.27 billion) and some of their other investors 5 BILLION in dividends yet defaulted on a half billion (562 Million) Bond . Maybe they were paying off the rats before the ship sinks ?? It is possible they are over 50 billion in debt and their days may be numbered. Certainly not my area of expertise yet it does sound bad IMO.

youtu.be...

Don't worry. Blackstone will be fine. The taxpayer will foot the bill.

Welcome to Western Oligarchic Neofeudalism. The losses are socialised, the profits privatised. Can't have the elites giving up their luxury, can we?

a reply to: 727Sky

I'm still trying to figure out what J.P. Morgan and Blackstone are up to.

Why is America Mortgages using both of them to promote American residential real estate to foreign nationals?

What does JP Morgan and Blackstone's multi-billion dollar U.S. real estate buying spree mean for you?

From inside the link...

Why work with America Mortgages?

As a company, America Mortgages’ only focus is providing U.S. mortgage financing for U.S. expats and foreign nationals. 100% of our clients are living and working abroad but buying U.S. real estate. We know exactly what is required to ensure your mortgage journey is stress-free by qualifying 97% of our clients for a U.S. mortgage.

AND

As a U.S. expat or foreign national, in order to compete with other buyers, one of the best ways is to get pre-approved for the mortgage before you start your home search. This shows the seller that you’ve had the foresight to get a mortgage in place prior to looking for a property. With America Mortgages, you can get pre-approved within 48 hours, there is no application fee or charge for pre-approval, and we approve over 97% of all applications.

www.americamortgages.com...

a reply to: Deetermined

It is hard for foreign nationals to get mortgage loans to buy real estate in the US. The main reason is because a foreign national often does not have usable US credit and the biggest reason is that there is no recourse if a foreign national defaults on the mortgage loan. They can just pack their bags and abandon the property to go back to their home country. There is no legal recourse.

There are banks that will lend to foreign nationals but it typically requires large down payments and other unique underwriting requirements. Rates are obviously a lot higher.

a reply to: 727Sky

its called chapter 11. they will just restructure or be broke up sold to smaller places,and de centralized.

I am sure someone will tell me I'm wrong....

But this is about cementing a monetary crisis.

Making it so no one can avoid the future of a single banking monopoly on the planet.

Sovereignty must be crushed, and since the United States is a particularly salient threat in that regard, it must be rendered subject to a "rescue" by global monetary powers...

How better than to decimate (at least in theory) the largest economic players in the "sovereign" market?

(I say "in theory" because it's not like any of them will lose anything 'real.' only we will lose security, wealth, food, property.... those Blackstone principals won't suffer at all.) To them, it's a board game.

a reply to: Ohanka

thats that private-public partnership, where,,,,
the public foots the bill for startup, r+d, and production

and the private collects all the profits

a reply to: 727Sky

Ive heard of Blackrock but not Blackstone before, is there a mix up with the name or are there two massive hedge funds that share a similar name?

originally posted by: surfer_soul
a reply to: 727Sky

Ive heard of Blackrock but not Blackstone before, is there a mix up with the name or are there two massive hedge funds that share a similar name?

Is Blackstone owned by BlackRock? Founded in 1985, both companies fell under an umbrella company called Blackstone Financial Management, a mergers and acquisitions company. In 1988, BlackRock separated from the parent company and focused on risk management. Today, they're now completely separate companies with different offerings.Sep 30, 2565 BE

www.blackstone.com...

a reply to: Edumakated

The problem is that this particular mortgage company claims that foreign nationals are their ONLY focus. This is what makes it so easy for the Chinese to buy up so much of our real estate, in both the residential and commercial sectors. A quick Google search on this particular issue is alarming.

originally posted by: Deetermined
a reply to: Edumakated

The problem is that this particular mortgage company claims that foreign nationals are their ONLY focus. This is what makes it so easy for the Chinese to buy up so much of our real estate, in both the residential and commercial sectors. A quick Google search on this particular issue is alarming.

Why is that a problem? There are mortgage companies thay focus on particular market niches.

Capital is fluid. Many chinese buy real estate to get their money out of China and diversify.

a reply to: Edumakated

Really? You don't see a problem with Chinese buying up large portions of our real estate? What happens when the Chinese government decides to take it away from them under false pretenses? You think that could never happen? How do we know these people don't secretly represent the CCP to begin with?

I have a hard time believing that Blackstone is even worth a trillion dollars. I mean, yeah, it's a good griddle but a couple years ago I picked a Sam's Club version, loaded for less than the Blackstone base model 36". Mine had a stainless cabinet, two side shelves with tool hooks, prodigious storage underneath and a stainless lid. Durability wise it's held up great and makes wonderful food, especially breakfasts.

Consider what happened during the Great Depression that began in 1929.
It took was orchestrated top-down.

75% of all houses and businesses were owned outright.
When currency and buying power decreased exponentially the USA climbed out of it relatively quickly in just a few decades.
This time we are laden with debt and nobody owns anything.
People back then were able to buy assets like real estate and manufacturing and after everything being devalued were able to still have wealth after huge devaluations.
Before the crash penny candy cost .25 cents per SE.
After the crash penny candy cost a penny.
The key fact is you had candy going in and candy coming out so devaluation didn't hurt much.

This time is different.
You will be paying rent to those that cashed out their petrodollars and bought your homes and businesses.

"You will own nothing, and be happy"
Klaus Schwab

originally posted by: Maxmars
I am sure someone will tell me I'm wrong....

But this is about cementing a monetary crisis.

Making it so no one can avoid the future of a single banking monopoly on the planet.

Sovereignty must be crushed, and since the United States is a particularly salient threat in that regard, it must be rendered subject to a "rescue" by global monetary powers...

How better than to decimate (at least in theory) the largest economic players in the "sovereign" market?

(I say "in theory" because it's not like any of them will lose anything 'real.' only we will lose security, wealth, food, property.... those Blackstone principals won't suffer at all.) To them, it's a board game.

The same owners of BR owned the FED and printed the money they needed to buy up RE that they took from when they crashed the market in 2008

originally posted by: Moon68
I have a hard time believing that Blackstone is even worth a trillion dollars.

Before 2008 there were laws to stop foreign investors buying USA homes and businesses.
I wonder why that changed???

originally posted by: Deetermined
a reply to: Edumakated

Really? You don't see a problem with Chinese buying up large portions of our real estate? What happens when the Chinese government decides to take it away from them under false pretenses? You think that could never happen? How do we know these people don't secretly represent the CCP to begin with?

originally posted by: Nevercompromise
The same owners of BR owned the FED and printed the money they needed to buy up RE that they took from when they crashed the market in 2008

originally posted by: Moon68
I have a hard time believing that Blackstone is even worth a trillion dollars. I mean, yeah, it's a good griddle but a couple years ago I picked a Sam's Club version, loaded for less than the Blackstone base model 36". Mine had a stainless cabinet, two side shelves with tool hooks, prodigious storage underneath and a stainless lid. Durability wise it's held up great and makes wonderful food, especially breakfasts.

When the FED initiated QEinfinity they printed "$20billion a month to buy up commercial RE to cleanup all the bad paper that was securitized packaged and sold in hedge funds.
This was a bailout for the investors.
Then BR bought all the high-end RE for their foreign investors.

originally posted by: Moon68

originally posted by: Nevercompromise
The same owners of BR owned the FED and printed the money they needed to buy up RE that they took from when they crashed the market in 2008

originally posted by: Moon68
I have a hard time believing that Blackstone is even worth a trillion dollars. I mean, yeah, it's a good griddle but a couple years ago I picked a Sam's Club version, loaded for less than the Blackstone base model 36". Mine had a stainless cabinet, two side shelves with tool hooks, prodigious storage underneath and a stainless lid. Durability wise it's held up great and makes wonderful food, especially breakfasts.

a reply to: Nevercompromise

Lol
You guys crack me up.
Basel3

originally posted by: PorkChop96
a reply to: Nevercompromise