Big Losses for Banks Coming in 2026 – Charles Nenner
Greg Hunter – Last April, renowned geopolitical and financial cycle expert Charles Nenner predicted a depression cycle starting at the end of 2025 into 2026. The economy is clearly slowing down, and the latest “1 million plus” negative jobs revision that comes out Wednesday (2/11/26) certainly points to a tanking economy. Nenner says, “I have to adjust for all the immigrants let into the country, but we will soon see unemployment numbers go up.”
The next big downward surprise for the economy is big losses for the banks. Nenner predicts, “The institutions I work with that are selling real estate in New York are telling me a lot of banks are already negative. If you look in their books in California, they already had these big losses.