US Banks ‘Massaging the Numbers’ – Nomi Prins Warns It All Comes Crashing Down in 2025

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We're going to see a 'knock-on' effect on commercial real estate loans, with ripple effects from store closures, rising vacancies, and mounting consumer and corporate debt in 2025, warns Nomi Prins, renowned American economist, author, journalist, and public speaker.
In this episode of our 2025 Outlook Series with Daniela Cambone, Prins dives into pressing financial concerns, including the exponential growth of U.S. debt, uncertainties surrounding U.S. trade, and the risky "extend and prevent" practices by banks. "There's just been a lot of massaging of numbers on a lot of the books of banks because of these extensions of loans, which allow you not to take a loss, and because there are just more problems coming in," Prins warns, shedding light on looming risks for banks as we head into 2025.

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