Prepare Now for the Coming Housing Crisis

[The Bleeding Edge]( Editor’s Note: Today, we’re sharing an insight from colleague Nomi Prins. Nomi is a former investment banker and the author of a series of best-selling financial books. Years ago, Nomi had a front row seat to the early stages of the subprime mortgage crisis. Today, she fears another crisis is brewing. Read on for her full analysis and learn what Nomi is recommending subscribers do to prepare today. --------------------------------------------------------------- Prepare Now for the Coming Housing Crisis By Nomi Prins, Editor, Inside Wall Street with Nomi Prins [Nomi Prins] In the ’90s, I was a senior managing director at the then-famed Bear Stearns. The U.K. headquarters were located at One Canada Square, in Canary Wharf. It’s now one of the most important business districts in the world. My office was on the 25th floor. That means I was, so to speak, on the ground floor of investment banking in the U.K. And I built one of the most admired analytical teams in London finance, from scratch. But years later, things got out of hand in the world of global investment banking. Bear Stearns went bust in March 2008. Later that year, Lehman Brothers – another one of my former employers – also filed for bankruptcy. Lehman’s collapse was a key trigger event for one of the worst global financial crises we’ve ever seen. [Tiny $4 Company to “Steal” Billions From Tesla?]( It sent ripples throughout the world. And it exposed the toxic rot that, among other things, lay at the core of the housing market collapse in the U.S. Recommended Link [“I’m rooting for a recession – and you should too!”]( [image]( He called the bottom in 2020… He called the bottom in 2022… And now, he’s preparing for a “major shift” in the markets. [Get the details here – including the name of the #1 stock to protect yourself.]( -- Today, we’re moments away from another housing crisis that could trigger a wave of bankruptcies on Wall Street. According to Bloomberg: The wave of [bankruptcies] that’s coming could be the worst since the housing bubble burst about 15 years ago. But it will be different from the housing crisis we saw in 2008. And this time, I want you to be prepared. Because if you know what’s coming – and ways to position yourself for it – it’s actually a chance to turn this crisis into profits. I’ll get to more on that in a moment. But first, let’s revisit that pivotal moment in our economy’s history… Recommended Link [“Diversification Is For Dummies”]( [image]( Market Wizard Larry Benedict is one of the most successful investors you’ll ever meet… But he doesn’t invest the traditional way. His approach has nothing to do with “buy and hold.” And it flies in the face of everything a financial planner would ever tell you. [He reveals everything in this interview…]( -- Fast Money and Greed After Bear Stearns went bust in March 2008, JPMorgan Chase bought up parts of it. But Bear Stearns wasn’t the only doomed bank casualty of the financial crisis of 2008. It was one of a list of financial players that ignored risk while stretching out for fast money and greed. Lehman Brothers also had its European headquarters in Canary Wharf. It filed for bankruptcy on September 15, 2008. The very next day, the British investment bank Barclays moved to buy up Lehman’s U.S. operations. But by then, the psychological damage was done… and the stability of the markets was wrecked. [The #1 stock for 2023]( Lehman’s collapse sent the world into a financial tailspin, and then into an economic crisis of a kind not seen in generations. Governments unleashed epic bailouts on Wall Street and global banks. Central banks unloaded an arsenal of loose monetary policies in an effort to prevent a feared fallout of the entire global financial system. That was the first phase of The Great Distortion I often write about in Inside Wall Street. My regular readers know that story. And many of us saw the consequences firsthand. Unemployment skyrocketed. Bankruptcies snowballed. People were forced from their homes. And millions were pushed into poverty. When all was said and done, $10.2 trillion had been wiped out, ruining the retirement of millions… 8.7 million Americans lost their jobs… and nearly 10 million lost their homes. The truth is that the biggest banks got too complex with their trading. They were offering up products to investors, pension funds, and cities around the world. They promised them financial innovation and upside. But the system buckled when every institution was over-leveraged. Banks risked the well-being of the economy in order to make money. They failed. Most of them got bailed out. Central banks got massively more powerful in the process. Then the pandemic hit in 2020, and they fabricated money again. That is when The Great Distortion became a permanent one. Recommended Link [Get ready for the unavoidable]( [image]( In 2018, former Goldman Sachs Managing Director Dr. Nomi Prins called for a crash that would wipe out investors. Today, that’s the last thing on her mind. In fact, she has stated the next crisis won’t be a crash at all. It has nothing to do with a pandemic, or inflation, either… [Click here to find out what she sees coming instead]( – and why investors could be left behind if they don’t act now. If you have more than $1,000 in the bank, this could be the most important interview you see in the next 60 days. Don’t get caught off guard by what will happen next. [Watch her bombshell prediction for America’s economy now.]( -- Ignoring History Could Be Costly Unfortunately, we’re now barreling towards a similar kind of situation. Here in America, the house of cards is on the verge of collapse. And if you have exposure to the stocks caught in the crossfire, the losses could be catastrophic. But there’s good news… Armed with the right strategy, it’s possible to turn this crisis into big profits. And I’m taking what I learned during my 15 years on Wall Street and in London to give you the chance to do just that. On Tuesday, December 13, at 8 p.m. ET, I’m hosting a special strategy session, Countdown to Housing Crisis 2.0. I’ll show you how a legendary investor is already betting $200 million against the housing market… I’ll reveal the looming Washington event happening this month that could send this house of cards collapsing… And I’ll tell you about a strategy that Wall Street loves… that can give you the chance to “flip” losers into big winners. I’ll even give away a free recommendation that I believe could be one of the #1 plays for 2023. So be sure to join me on December 13. [Just RSVP with one click right here]( and I look forward to seeing you there. Regards, [signature] Nomi Prins Editor, Inside Wall Street with Nomi Prins --------------------------------------------------------------- Like what you’re reading? Send your thoughts to feedback@brownstoneresearch.com. --------------------------------------------------------------- IN CASE YOU MISSED IT… [Trading Millionaire Reveals, “2008 Was My Most Profitable Year”]( If you’re fed up and stressed out with what’s happening in America, you’re not alone. Even the NY Times reports, “A Tidal Wave of Bankruptcies Is Coming” – that could create a historic market crisis like we saw in 2008. So, let me ask you a question… Do you think things will get MORE or LESS uncertain from here? Either way, Jeff Clark couldn’t care less... Because all this volatility presents one of the best opportunities he’s seen since 2008… when he used [ONE stock to become financially free.]( He simply IGNORES 99% of the entire stock market… And still delivers 100%, 373%, and [390% gains in just 8 days]( in bullish AND bearish markets. He’s used this secret to help 170,000 regular folks see [triple-digit gains over 48 times]( and double-digit gains over 81 different times. Now it’s your turn. [Click Here To Get The Name of The Stock, FREE.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [The Ultimate Guide to Taking Back Your Privacy]( [The 101 Guide to Pre-IPO Investing]( [The Trader’s Guide to Technical Analysis]( [Brownstone Research]( Brownstone Research 55 NE 5th Avenue, Delray Beach, FL 33483 [www.brownstoneresearch.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. 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