{"id":319115,"date":"2025-11-27T07:08:49","date_gmt":"2025-11-27T07:08:49","guid":{"rendered":"https:\/\/www.thetruthseeker.co.uk\/?p=319115"},"modified":"2025-11-29T06:34:56","modified_gmt":"2025-11-29T06:34:56","slug":"prof-richard-wolff-were-on-the-cusp-of-a-financial-collapse","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=319115","title":{"rendered":"Prof. Richard Wolff &#8211; We&#8217;re on the Cusp of a Financial Collapse"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>HenryMakow.com \u2013 Nov 26, 2025<\/strong><\/h1>\n<p>Makow: I hate to be the bearer of bad tidings, but if I weren&#8217;t bald, this video would make my hair stand up.<\/p>\n<p><strong>At the heart of the US financial system is something called &#8220;private credit&#8221; which is lending without regulation. It is imploding and threatens to take the banks down with them. Then there is the office real estate crisis jeopardizing trillions in loans. Add the AI Bubble, the collapse of the Yen carry trade, and auditors colluding with their clients. This is the 2007-2008 sub-prime mortgage credit crunch, redux.\u00a0<\/strong><\/p>\n<p><strong>It&#8217;s time to become preppers!!<\/strong><\/p>\n<p><strong>BlackRock&#8217;s Credit Collapses Overnight Is This The End ? | Prof Richard Wolff responds<\/strong><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-GhUFoQRRjo\">https:\/\/www.youtube.com\/watch?v=-GhUFoQRRjo<\/a><\/p>\n<p><strong><em>AI (Grok4) leaves me speechless. It produced this summary of Wolff&#8217;s message in a matter of seconds!!<\/em><\/strong><\/p>\n<p>I don&#8217;t know if you can help me. I just watched a mind blowing video and would love to have a summary of the main points. The video is &#8220;BlackRock&#8217;s Credit Collapses Overnight Is This The End ? | Prof Richard Wolff responds&#8221;<\/p>\n<p><strong>Summary of &#8220;BlackRock&#8217;s Credit Collapses Overnight: Is This The End? | Prof Richard Wolff Responds&#8221;<\/strong><\/p>\n<p>This video, featuring economist Professor Richard Wolff, dives into the brewing crisis in the $1.7 trillion private credit market, where giants like BlackRock promote high-yield (12-15%) alternatives to stocks as &#8220;stable&#8221; investments for retirement portfolios.<\/p>\n<p>Wolff dismantles this narrative, exposing systemic fraud, opacity, and &#8220;extend and pretend&#8221; tactics that mask massive risks. Drawing parallels to the 2008 financial crash, he argues this could trigger a broader reckoning, with commercial real estate, zombie companies, and even AI hype amplifying the fallout.<\/p>\n<p>Below are the main points, structured by key themes.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/henrymakow.com\/2025\/11\/prof-richard-wolff---were-on-t.html\">Continues \u2026\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The whole financial system may be about to implode. Henry Makow on why it\u2019s time to become preppers. <\/p>\n","protected":false},"author":39262,"featured_media":319117,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[61,66],"tags":[],"class_list":["post-319115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-Commentary","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/319115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=319115"}],"version-history":[{"count":3,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/319115\/revisions"}],"predecessor-version":[{"id":319119,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/319115\/revisions\/319119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/media\/319117"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=319115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=319115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=319115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}