Got a Mortgage? You May Have Fallen for the Great Reset - YouTube

With the Great Reset's infamous phrase you will  own nothing and you will be happy we have to talk  

about the fate of your home and home ownership  to catch some of you guys up to speed the great  

reset is an agenda by the world economic forum  to essentially consolidate all the world's wealth  

and debt and redistribute and reset the economy  as a whole so what does this mean if you own a  

home i mean the whole idea behind a great reset  suggests that you won't own a home anymore and  

be happy that's the dumbest thing i've ever heard  in my life but how's this going to happen is the  

grand question and after hours of research  i dropped the conclusion that the people  

behind the great reset have very specific targets  particularly anyone that owns a home and i'll tell  

you exactly who they're targeting in just one sec  and the following are simply my opinion based on  

hours of research i've done to prepare for this  video and yes all my source materials are in the  

video description down below so the first target  the great reset is going after are the prospective  

home buyers now my brother daniel has already  talked about this briefly in the last video  

where big time wall street investors are buying  up in key housing market area and yes nearly 27 of  

all home buying activity has been done by big time  investor in the last 12 months and that is double  

the amount of activity from the big time investors  when compared to pre-pandemic levels what's rather  

surprising but not really that surprising is  that the federal reserve has been helping the  

blackrock now at the start of the pandemic the  federal reserve announced that they will purchase  

corporate bond etfs and mortgage-backed securities  now the concept of the fed buying corporate bond  

etf is actually rather one of the first that's  ever happened in the 108 years history of the  

federal reserve and also not surprisingly almost  half the fed's purchases went into blackrock funds  

and blackrock is definitely not the only player  involved in this now by now if you still think  

this is all just a conspiracy theory and just  a rumor on the street well follow the money  

the federal reserve's balance sheet is nearly 9  trillion dollars and most of the mortgage-backed  

security purchases and corporate bond etfs has  gone to companies where they are buying homes and  

neighborhoods just like blackrock so if you've  been shopping for a home or even sold your home  

in the last 12 to 24 months you probably noticed a  huge influx of cash buyers leading to bidding wars  

and ultimately increasing the perceived value  of homes in your neighborhood and of course  

part of this has to do with the fact that wall  street-type investment companies are driving up  

the home prices up in key areas so this of course  is discouraging prospective home buyers from being  

able to enter the housing market getting priced  out and of course unable to make payments on these  

new homes therefore ultimately leading these  people away from owning their home and further  

driving them to become tenants to these corporate  landlords now we wouldn't want that right no no  

man so you may have noticed that this is creating  quite a bit of anxiety and at least concerns about  

the housing market by shoring up all the inventory  and ultimately creating a panic in the market  

kind of like how they did with the toilet papers  now the next group of people that the great reset  

is targeting are existing homeowners and with this  group i'm gonna go and break this apart into two  

distinct subgroups because the great reset has  a very different strategies with each of these  

subgroups now the first subgroup is your local mom  and pop landlords and during the kobe 19 pandemics  

we saw tenants struggling to make rent payments  as many of them were furloughed or completely  

lost their job altogether and unfortunately this  led to many landlords unable to collect rent  

some as many months until any direct assistance  came their way and as one of the options this  

resulted in landlords selling their properties as  they had a terrible experience with tenants not  

being able to pay rent throughout the pandemic so  ultimately connecting this back to the great reset  

a lot of these landlords are selling to well you  guessed it wall street type corporate companies  

like blackrock and again all these wall street  type companies like blackrock are ultimately  

funded by the banks which ultimately has a  tie to well you guessed it the federal reserve

you know the federal reserve is kind of like  that one mom the first person to start the  

pyramid scheme in your neighborhood and every  other mom's kind of the bottom but you know  

what that leads me to another question what if  all these wall street type companies stop buying  

because the fed is no longer buying corporate  bonds as well as mortgage-backed securities  

and let's also say that the interest rates are  going up through this year because it is and  

what would exactly happen to all these key housing  markets if both scenarios played out this is where  

it gets a little scary for the other subgroup  and that's our regular homeowners especially  

for those with low equity on fha loans or have  taken out second mortgages as rates increase  

and corporate investors stop buying this could  potentially have a huge and complete windfall  

on home prices on certain markets while i don't  personally anticipate another housing market crash  

anytime soon i can't help but to think about and  not ignore the fact that an actual crash will have  

a detrimental effect on the existing homeowners  or dare i say a manufactured housing crash  

we are screwed so if you're a homeowner with a  little to no equity a sudden drop in your home  

value can lead to a situation where you owe more  than what your home value is this is known as a  

negative equity situation and back in 2008  during the great recession we've seen home  

values drop as low as 33 so let's just say you  own a hundred thousand dollar home with a 95 000  

of a remaining mortgage balance a 33 drop  will definitely lead you into a negative  

equity situation and back in 2008 this led  to many homeowners either willingly stop  

making payments or alternatively the base would  demand that the homeowners will make a lump sum  

payment to a point where they're at least  not owing more than what the home is worth  

and this might be you or you know someone in  your life that has gone through the situation  

back in 2008. and let's be honest we're in  a very interesting situation and we've never  

seen an economy like this so this is how our  current situation falls into the great reset  

if you think about it all it takes is a perfect  chaos at the right time at the right moment to  

literally cause a housing market but not even a  housing market an economic meltdown whether that's  

through a war or a country defaulting on its loan  or i mean dare i say a pandemic and historically  

speaking in the last 150 years when we saw chaos  governments stepped up to enact rules and laws  

that took away liberties and freedom from their  own citizens i mean just look at the last 100  

years of china let's say one day the housing  market crashes there's blood in the streets  

there's massive tension in the geopolitical  climate and you just got the news that you lost  

your job and obviously you'd be in a massive  panic situation right now but all of a sudden  

you have a visitor knocking on your door you open  the door and it's a gentleman from a large wall  

street type bank that hands your letter with an  option for a rescue plan instead of a countrywide  

foreclosure wave just like in 2008 this time the  bank is offering a plan where you can continue to  

stay in your home for a mean time but you have to  transfer the ownership and the title of your home  

to the banks and seriously guys if you were in  this situation wouldn't you at least contemplate  

taking that offer never thought that before  and this is actually quite common where we  

even see small-time investors do this through  a strategy known as subject-to acquisition  

where the investor will come in take over your  mortgage payments and save you from a foreclosure  

so for large corporate investors to do something  similar is well within the realm of possibility  

and just to give you an idea how plausible  this is the u.s consumer debt alone is at 15  

trillion dollars as of quarter 2 in 2021 and yes  that's more than what we have seen back in 2008  

and all it would take is for the housing market  to take the wrong step in the wrong move and all  

hell will break lose it's as if the housing market  is playing the squid game so my question is what  

is the threshold i mean how much can we take as  far as the debt when and how will this end and  

to some a great reset solution may actually sound  pretty good if it means that a central government  

body or bank will come to the rescue to wipe out  all of your debt at the exchange of owning nothing  

and we all know that the psychological effect of  inducing anxiety and fear can ultimately lead to  

panic which leads to irrational decision making  now there is another method to which banks are  

doing right now to trap people and preventing  people from truly owning their home and i often  

call this the two mortgage trap system and  if you like to see how the banks are lining  

up their people and preventing them from owning  their homes well this video continues with this  

video right here we're going to show you what  the banks are doing to trap you and prevent you  

from owning your home so friends ward off the  great reset and go make millions and brazilians