BlackRock Credit Collapses 100% Becoming Worthless As Corporate Defaults Skyrocket

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Holy smokes, everyone. Black Rockck just took a massive hit on one of their big loans. But what if I told you this is just the tip of the iceberg. We are seeing corporate defaults and mortgage back security defaults skyrocket past 2008 levels. And guess what people, the signals are absolutely everywhere. In this video, I’m not going to just try to scare you. I’m going to show you all the facts on why things are absolutely screaming us to say something is very very wrong. Companies are failing left and right. They took on massive amounts of debt when interest rates were at zero from the Federal Reserve, but now interest rates are skyrocketing and they’re failing at unprecedented speed. So people, why everyone’s euphoric with the market skating higher and higher because of all the money printing that’s going on right now, they do not want you to know what’s happening underneath the surface, what’s happening behind the scenes in a financial system. But I’m going to pull back the curtain and show you everything that is happening right now. But I won’t just show you all the bad things that are happening. I’ll also give the exact playbook on how you can protect your money, your wealth, and your family. Because people, what we’re about to see will make 2008 look like child’s play. So everyone without further ado, you know what time it is. Let’s get straight into the news, the facts, and the data. Well, okay everyone, look at this. This is very, very alarming. So 63 US corporate bankruptcies in June set up 2025 for the highest pace since 2010. That’s right, everyone, the highest since 2010. And it’s actually accelerating towards the end of the year. Because bankruptcies didn’t actually peak in 2008, a lot of companies were able to try to extend and pretend. Maybe they tried to prolong their bankruptcies a little bit longer. A company doesn’t go from solvent to bankrupt overnight. So, we actually saw most bankruptcies in 2009 and 2010 after the global financial crisis. So, if we’re at levels like that now and we haven’t seen a massive institution go bust, that tells us that when this next crash does come, it’s going to be far worse. But again, like I was telling you, this is just the tip of the iceberg. This is going to be a deep dive. After this, I’ll show you what just happened at Black Rockck, but what’s happening across mega institutions all around the world. So, I’ll go ahead and bring up this chart here, and we can see the blue, this is defaults yearto date. And as we can see, we haven’t seen this blue line here at this level since 2010. And the trend is rising and rising rapidly. Now let’s go ahead and break it down by industry. So we can see industrials is the top at 58. Then we can see consumer discretionary, healthcare, and consumer staples. So people, are you starting to get the picture here? Things are not okay. Things have never really recovered since 2008. They just printed and covered up all the problems with more money. But okay, what you’re really wanting to know, what happened at Black Rockck and what is this going to mean for the markets going ahead? Well, look at this everyone. Black Rockck faces 100% loss on private loan adding to credit market pain. Now, some people have done videos on this already, but I’m going to go much much deeper than other people have gone on what’s really happening on the macro scale. But a lot of people just read this article and said, “Look, well, this loan’s only $150 million. It’s just peanuts for Black Rockck.” And while yes, that’s true. We have to look for the warning signs because it doesn’t go from everything’s fine to all of a sudden Black Rockck or Goldman Sachs or you know like 2008 Leman Brothers collapses overnight. There is many events that happened leading up to that collapse that tried to warn us that something is wrong. But unfortunately many people like this story that happened in Black Rockck today will just go oh you know that’s just a small institution nothing really to worry about. Well wait until you read this. Well about a month ago Black Rockck Inc. deemed the private debt it had extended to Renova Home Partners, a struggling home improvement company, to be worth 100 cents on the dollar. As of last week, the firm has had a new assessment and it’s now zero. So, did you hear that people? Just last month, these were going for 100 cents on the dollar and they’re now completely collapsed. They’re completely worthless in just a month. And people, I believe this is just the first domino to fall and we’re going to see much more corporations like this go down because of the next story which I’m about to show you in a moment. But first, let’s finish this one. So, the drastic revisions come as Dallas base renovated by private equity firm uh ODAX Group in 2022 abruptly filed for bankruptcy last week, indicating it plans to shut down. It was no mystery Renova was in a tough spot. In April, lenders had agreed to take losses and convert some of their loans into equity as part of a recapitalization that was supposed to give the company a chance to turn its business around. The people said in a third quarter, they also allowed for a deferred cash interest payments on its restructured debt, an arrangement known as a payment in kind regatory filing show. So, this is what a lot of corporations are doing right now. They’re just simply extending and pretending. There is a record amount of zombie corporations right now. That’s companies that simply can’t even afford to service not their principal and interest, just their interest payments. And if the Federal Reserve doesn’t drop interest rates quick, we’re going to see an absolute avalanche of defaults. But again, even Bloomberg is admitting this is a signal that the credit markets are facing severe pain. So, while Renova debts represent a slither of total assets for three lenders, it sudden collapse strikes at the heart of what critics see as major vulnerabilities in the private credit market. The disconnect between the valuation of liquid loans and the performance on underlying companies ZIP’s uh car wash simile enjoyed marks that were near par from its private credit lenders months before filing for bankruptcy earlier this year. It also comes in the wake of collapse of subprime auto lenderricolor holdings and car parts manufacturer first brands group uh which have caught investors offguard. They stoked fears there could be more pain to come in credit markets and led Wall Street executives to trade shots as to who is to blame for poor underwriting standards. Well, it’s very very simple everyone. When the Federal Reserve goes ahead and drops interest rates to zero, or many other central banks around the world do this and say, “Come on guys, take on as much debt as you want. We won’t lift interest rates. Go ahead and do it.” Well, that’s going to cause people to speculate and now the speculators are getting punished and punished big. But again, this is where many people that were reporting this story simply stopped. But I dug deeper and deeper to figure out what’s really happening in a financial system. And people, you’re going to be shocked with what I found. So look at this everyone. Commercial mortgage delinquencies are not as bad as 2008. Now surpass not around, you know, 2008, the financial crisis peak, the very peak. It is far, far worse. And you need to start paying attention right now, people. And this is what I’ve been trying to warn people about on the channel right now and things are starting to materialize. So in November 2024, US commercial uh mortgage delinquencies uh spiked to 10.4% 4% a level just below the 10.7% peak during 2008 financial crisis. And commercial uh real estate CRA delinquencies surged again in August 2025 with office and multif family loans at the center of the slide despite widespread use of extend and pretend and forbearance tactics designed to stave off losses. So this is exactly right everyone. This is why I’ve been warning about, you know, this could be something coming, but we haven’t seen it yet because there’s been a lot of tools, a lot of tricks these uh big uh commercial real estate companies have been able to use to extend and delay the crisis, but now they simply can’t kick the can down the road. The road has ended. So according to Tre, the delinquency rate of office mortgages packaged into commercial mortgage back securities, that’s CMBBS, jumped to 11.7%, surpassing the financial crisis peak of 10.7%. That is insane, everyone. As of recently, as December 2022, the rate sed only 1.6%. So that’s absolutely insane. You’re seeing how bad things are getting. It was 1.6% 6% in 2022 and now it’s 11.7%. This is highlighting how quickly stress has spread. Multifamily commercial mortgage back securities delinquencies rates also spiked reaching 6.9% the highest since 2015 and 2 years ago the figure was just 1.8%. So people, you better buckle up. Start really paying attention. Start warning your family sharing this video because I think something’s just about to pop. The sharp deterioration reflects rising vacancies, elevated boring costs, and weak demand. Newer, highquality office buildings continue to lure tenants away from older towers, leaving the ladder with mounting vacancies and unsustainable debt. Multif family, once considered among the safest uh CRA classes, has been dragged down by a mix of aggressive construction, financing costs, and slower renting growth. So, that’s exactly right, everyone. It’s not just offices that are struggling. It’s also multifamily homes because rents have got to such levels that people simply can’t afford to pay them. And that’s why we’re seeing a homelessness crisis at the moment. So, this is now checkmate for a lot of these large real estate firms. They’re about to take big losses. And now with interest rates much higher, we’re going to see defaults continue to rise. And I’ll go ahead and bring up this chart here. People look at this. This is a very, very alarming trend. We can see here late 2022 then early 2023 it absolutely just took off like a rocket. So one example is a 1.04 billion mortgage on 1211 avenue of America’s a 2 million square ft uh Midtown Manhattan Tower. The 1973 property became delinquent in August when its balloon payment was missed. Yet, a three-year extension pushing maturity to 2028 means a loan will soon come off uh Tre’s delinquency list. So, again, they’re going to try more and more tricks to delay the inevitable, but the inevitable will come. Multif family loans, however, represent a much larger share of commercial real estate debt, about 2.2 trillion or 45% of the 4.8 trillion total. Roughly half of this debt is backed by government sponsored entities Fenny May and Freddy Mack whose share of multif family exposure has doubled in the past decade. Banks and thris hold 29%, life insurers 12% and private commercial mortgage back securities and related securities just 3%. So people, we cannot let the government bail out these institutions again. We need to let these institutions learn a lesson. You can’t just take on as much risk as you want. Get all the benefits from taking crazy risk when the markets are booming like they are now. But then when things go bad, go ahead and cry to the government for a bailout. We can’t do that. I can’t do that. You can’t do that. And if we keep on going down this road, the dollar will become worthless and your taxes will skyrocket. There’s no free lunch, people. But now, this last report is definitely the one you need to pay attention to. So look at this everyone. Big brands are crashing. US corporate bankruptcies saw. So it says here, “Easy money during the pandemic years helped many companies survive, but it also led to dangerous borrowing habits. For years, US corporations enjoyed ultra- low interest rates that made borrowing money feel practically risk-free. This encouraged businesses, both big and small, to pile on debt, often to fuel expansion, buy back stock, or simply stay afloat. But once the Federal Reserve began raising interest rates in 2022 and 2023 to fight inflation, those cheap loans became expensive liabilities. Now in 2025, companies are feeling the full weight of their debt obligations, especially as consumer spending softens and revenue slows. That’s exactly right everyone. They got very, very cheap debt during co. Now interest rates are much higher and all these companies that look like geniuses. Well, what does Warren Buffett say? It’s not until the tie goes out you see who’s been swimming with no pants on. Because some companies mistook debt for success, expanding too fast or acquiring too many assets without having the long-term cash flow to sustain them. In a low rate environment, this strategy worked. But in today’s tighter credit market, it’s a death sentence. And this has led to the rise of private credit and shadow lending. But this will also lead to the collapse. As traditional banks pull back from corporate lending, non-bank lenders and private credit firms are stepping in. While they offer lifelines to some companies, they also come with higher costs and less transparency. And this could lead to more surprises in the near future. So that’s right. If a lot of these companies are getting shadow loans and they’re not telling their investors or not reporting this in regulatory filings, well, we may find a company default on one of these shadow loans that they haven’t told anyone about and we could see some kind of financial event happen overnight. So, I know what you’re thinking. Well, okay, what does this mean? And what are some scenarios that we are facing? Well, there’s three scenarios here, everyone. Scenario one, soft landing with fewer bankruptcies. So, the Fed successfully engineers a soft landing, credit conditions could ease and only the weakest companies will fail. Well, I think this is very unlikely cuz we’re already seeing layoffs skyrocket. Scenario two, recession driven wave. A US recession would send even more companies into bankruptcies, potentially breaking records set in 2009. And I think this is a much more likely scenario based on all the evidence I just showed you. And the worst case while sector Pacific collapse even without a full recession certain industries like commercial real estate or retail may continue to suffer disproportionately. So everyone I hope you can finally see. I hope your eyes have been open to the real crisis that is happening. I’ve shown you with the news with the facts with the data that it is happening and things are getting far worse. So time is running out. You need to prepare yourself, your family and friends right now. So what can you do to prepare yourself? Well, it’s very very simple. You don’t want to be like one of these corporations taking on massive amounts of debt. So you want to pay off all your high interest rate debt. So if there is some kind of credit crisis and the banks start calling in these loans, you won’t have to stress. Then once you’ve done that, don’t even think about investing yet. You want to go ahead and start building emergency fund. Now, it’s unfortunate that many people don’t have the discretionary income or any income left over. So you’re going to have to do it the hard way. You’re going to have to either work overtime, get a second job, or what I think is even better is start a side hustle business that could eventually replace your real income from your job because I don’t think jobs are safe anymore, and you don’t want to have to rely on a boss to get a pay rise when inflation is at 5 or 10%. Real inflation that is, you want to be in control of increasing your income. So then once you’ve done that, you’ve paid off your high interest rate debt, you got your 3 to six month emergency fund, then you can start investing. We’re seeing gold blast past $4,100 an ounce. I think these big institutions know that the dollar’s days are going to end. Fiat currencies around the world are becoming worthless and we’re going to see some huge financial crisis and those that own the gold will own the real wealth. Me also another way to diversify out of the banking system and to hedge against inflation is Bitcoin. But that’s a very small part of my portfolio only 5 to 10%. If you do this, you will not have to worry about everything. When everyone’s panicking, when everyone’s in debt, when everyone’s got no emergency fund, you’ll be okay and you’ll be able to buy assets for pennies on the dollar. But everyone, what do you think what happened with Black Rockck? What do you think about these corporate defaults? Let me know down below. Now, for all my loyal viewers and subscribers still watching, you’re awesome. Thanks for watching. I’ll see you all in the next Experience Socialism

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