Smart Tank Printer

... are my system details: Printer Model: HP Smart Tank 520 All in One... both the PC and the printer, as well as reinstalling the ...

HP Smart Tank 5108 Printer £93.44 Effective with £30 ... Year HP Warranty on HP Smart Tank Printers h41201.www4.hp.com...

...printing with the HP 5105 Smart Tank All-in-One Printer. This all-in-one machine that provides... copier, printing, and scanning functions. It has smart...ppm. It's a great printer for your home office. This printer is WiFi compatible, ...month warranty is included. This printer includes enough ink to print ...000 pages in colour. This printer uses HP 31 & 32XL ...

https://www.costco.com/p/-/hp-sma...&langId=-1 $120 OFF $120 manufacturer's savings is valid 6/8/26 through 7/5/26. While supplies last. Limit 5 per member. Costco Member Bonus: 2 Additional Black Ink Bottles Included Perfectly Formatted Prints with HP AI Best for Low-cost, High-volume Printing — 3 Years of Ink Included Print, Copy, Scan, Plus 2-sided, Borderless, Wireless, and Mobile Printing ...

i own a hp smart tank 750 printer. It is the utterly most ... the same wifi, but HP Smart reports the printer is offline and i cannot ... works on my pc, the printer makes some noises but never ... i print from hp smart or ms word. Can anyone suggest another printer from another brand...

HP smart tank 750. Printer and laptop is connected to the same WiFi network. HP smart report printer is online. Same result if I print from HP smart or from Microsoft Word. Printer make some noises, but never prints.

... on the HP Smart Tank 533 is typically associated with the printer initialization or... then reconnect it to the printer. Turn the printer on and check if the ...your computer. Check whether the printer is detected and whether any ... install it and allow the printer to restart. To help us ...displayed as soon as the printer powers on, or does it ... any blinking lights on the printer along with the error code? ...

printer hp smart tank 520 cannot support macbook tahoe 26.2?

This deal is for the more expensive 16K version and the lowest price it has been in the UK. The voucher should automatically apply at Checkout. Review Elegoo Saturn 4 Ultra Review: Huge Innovation in Resin 3D Printing(Toms Hardware) Key Features Smart Tank Heating, Flawless Prints at 30 °C - Saturn 4 Ultra 16K features an intelligent tank heating system that continues heating the resin to keep it ...

I own a printer so I can print ...the purpose of owning a printer. I don't recommend HP instant ...glad when I ditched that printer. The convenience is there, but ...aren't able to use the printer. You could have brand new ...of the Eco Tank. I like it much better than their cartridge based printer. The ink...toddler during school time. The Smart Tank is cheaper than the Eco Tank, which is ultimately what won...

... I received an HP 570 tank printer that I ordered from Amazon... received a new printer today which is a HP smart tank plus 651. I went... through the setup procedure with that printer, and... good as far as the printer is concerned but now, I'm ...trying to connect the printer to my PC wirelessly and ... sitting here with a brand-new printer that I can't utilize. Can ...

...setup mode on the printer, then reconnect it using the HP app / HP Smart: https://support.hp...driver for the HP LaserJet Tank 2502–2506 printer series: https://support.hp.com/...starts blinking. Wait for the printer to connect. After the printer is connected to Wi-Fi, add ... scanners > Add device HP printer setup guide for Windows: https://... Also make sure the printer is not connected to a ...

... done? If you have a tank type printer there could be air in ... avoid tilting or transporting the printer unnecessarily. If you have bubbles HP's SupportGPT recommends using HP Smart (or the HP App... sure the tank caps are closed securely, and avoid tilting or transporting the printer unnecessarily.If you have bubblesHP's SupportGPT recommends using HP Smart (or the...

I cant print from my smart printer tank 5100 from my email or from a website

I have a Hp Smart Tank 7005, was working fine but I woke up one morning to these lights on the printer, I've looked online and done the hard reset a few times but still displays the same, I can't press any of the buttons, it won't power on with the on button, I have tried another power cable and same results. could someone help please thank you.

Further to my original message my printer is an HP Smart Tank Plus 559.

submitted by /u/OzBargainBot to r/OzBargain [link] [comments]

submitted by /u/OzBargainBot to r/OzBargainNew [link] [comments]

Firstly yes I'm fully aware that Windows 7 is woefully out do date. But I just wanted to provide a solution if for any reason you have to install the 585 on a Windows 7 machine either directly or via the network. So HP in their infinite wisdom mention that the HP Smart Tank 585 is compatible with Windows 7 however they don't provide a proper standalone driver pack to download. Instead they want you to use their horrible HP Easy Start Web trash that didn't work for me at all. Now to be clear they only offer the scanner driver, just not the printer one. The solution is to use HP Smart Tank 530 printer drivers which seem to work fine with the HP 585 Smart Tank. https://support.hp.com/vn-en/drivers/hp-smart-tank-530-wireless-all-in-one-series/26342881 The alternative is to use add printer wizard and use Windows Update to get the HP 530 SMART tank printer drivers from Microsoft. submitted by /u/OgdruJahad to r/printers [link] [comments]

Selling HP Smart Tank 580 All-in-One Printer Working fully fine One year warranty remaining Purchased last year - 22nd July, 2025 Original Price on market - 15k Selling for 13k (slightly negotiable) Can do f2f in Delhi. DM for more details - 9575325518(can share the reference no., more pictures, a video and the receipt) PRICE: 13000 INR submitted by /u/ExitOk1496 to r/delhimarketplace [link] [comments]

https://preview.redd.it/wr2lzam8rc9h1.png?width=1599&format=png&auto=webp&s=639fb6a221ebd196965f386f08e0cfdd24e1101b Selling HP Smart Tank 580 All-in-One Printer Working fully fine One year warranty remaining Purchased last year - 22nd July, 2025 Original Price on market - 15k Selling for 13k (slightly negotiable) Can do f2f in Delhi. DM for more details - 9575325518(can share the reference no., more pictures, a video and the receipt) PRICE: 13000 INR submitted by /u/ExitOk1496 to r/delhimarketplace [link] [comments]

Hey everyone! Just got into printing MTG proxies as a hobby not too long ago. I've been printing on an HP Smart Tank Plus 651 and I'm struggling to find the right paper. Current setup: HP Smart Tank Plus 651 HP ink (I believe they use pigment black ink + dye ink for colors) Double-sided glossy photo paper from Uinkit (37 lb) - tried to follow CryCry's method for printing proxies as much as possible 3 mil laminating pouches The print quality itself is decent, but I'm running into two issues: Heavy black areas (card borders, dark artwork, etc.) seem to take a very long time to fully dry. Even after 24 hours of drying it still can be tacky and smear. After laminating, I'm getting noticeable silvering/tiny bubbles, especially in darker areas. Running the sheet through the laminator a second time helps, but doesn't completely eliminate it. From what I've seen online, mostly all recommendations are for Epson printers - from which I've heard dries differently than how HP printer ink dries, something to do with using pigment ink vs. dye inks. I'm curious what paper other people are using for home-printed proxies that prints well on an HP inkjet printer, doesn't stay tacky in dark areas, laminates cleanly without silvering, and that ideally ends up with a feel somewhat similar to a real Magic card when sleeved. Are most people using glossy, satin/luster, matte presentation paper, something synthetic, or something else entirely? Would love specific paper brands and weights if you've found something that works well. submitted by /u/Theandrewownz1 to r/magicproxies [link] [comments]

https://preview.redd.it/6xnl4po91t8h1.png?width=1599&format=png&auto=webp&s=1baa0306f3227c8744e674f1bb2d7ed7dce658b5 Selling HP Smart Tank 580 All-in-One Printer Working fully fine One year warranty remaining Purchased last year - 22nd July, 2025 Original Price on market - 15k Selling for 13.5(slightly negotiable) Can do f2f in Delhi. DM for more details - 9575325518(can share the reference no., more pictures, a video and the receipt) PRICE: 13500 INR submitted by /u/ExitOk1496 to r/delhi_marketplace [link] [comments]

Its been ages since I configured printers, so I am not sure if I am doing something wrong or its printer issue or HP issue. I have a hp smart tank 530, I tried printing via android mobile app. It just keeps printing blank on a loop, until the paper is over and cancel the print. Same thing when I tried via macos. Can I use this printer without depending on the cloud? I want to connect it to the Wifi and print via devices connected to the wifi network. submitted by /u/akcss to r/printers [link] [comments]

I just want to print glossy prints need your help submitted by /u/zoro200527 to r/printers [link] [comments]

Do give your suggestions and will appreciate your help submitted by /u/zoro200527 to r/printers [link] [comments]

It is one of the worst printers ive worked with, cant print without losing half the picture, takes like 10 minutes to start printing, keeps pumping out empty paper back and generally wont print anything. ​ Does anyone know the cause when it says configuration issues and rendering issue? i just bought this printer. submitted by /u/zarter19 to r/printers [link] [comments]

I changed my WiFi and now my HP Smart Tank 580 refuses to connect to the new network. ​ I've spent HOURS on this. ​ Things I've tried: ​ Resetting the wireless settings over and over ​ Connecting it to my laptop with USB ​ Removing and re-adding it in HP Smart ​ Connecting to the DIRECT-xx-HP-wtv printer network ​ Adding it through the serial number ​ Following HP's instructions that just keep printing more pages (the info button thing) ​ The printer itself works. It prints info pages fine. WiFi is turned on. But it keeps saying it's not connected to a network. ​ I can connect my phone to the printer's DIRECT WiFi network, but then HP Smart is still useless. I managed to get into the printer's web page through the DIRECT network and it shows tabs like General, Wireless, WiFi Direct, Bluetooth Low Energy, and Advanced, but clicking Wireless basically does nothing. (not to mention THE WEBSITE IS UNSAFE AND NOT EVEN UPDATED) ​ My router uses one WiFi name for both 2.4GHz and 5GHz if that matters. ​ please help im about to cry. sorry if anything i wrote is confusing I'm so close to smashing it with a hammer or going to their office and causing a scene. I am not tech savvy but this is TOO MUCH. ​ Oh yeah I DID do that Cancel Button and Info button for 3 -5 seconds MULTIPLE TIMES AND IVE GOTTEN NOWHERE. ​ Ask me anything, PLEASE help out I'm actually going to cry. ​ ​ submitted by /u/ronswansonsyoongi to r/printers [link] [comments]

Friendly reminder that if you purchased any of the savings book items recently, you can request a price adjustment for the difference at your warehouse if it's been within 30 days from your purchase date once the sale starts. At my warehouse, it's at the returns counter, at other warehouses, it may be a different counter. Some warehouses may require a physical receipt, but most usually don't. YMMV. But it's helpful if you have the item number. If you purchased online, it's even easier: https:/. www.costco.com/PriceAdjustmentView Note: "YOUR COST" items are NOT discounted. Also remember these are nationwide sales, there may be additional local sales that are not advertised. https://www.costcoinsider.com/costco-june-and-july-2026-coupon-book/ imgbb link submitted by /u/CookieButterLovers to r/Costco [link] [comments]

Between HP Smart Tank 750 and Brother DCP T-730DW, what do you think is better choice and is better overall? I'm looking to buy a printer and is having a hard time to choose, please help me out, thank you! submitted by /u/Hopeful_Falcon_9662 to r/printers [link] [comments]

Hey all, I need a little help. I just inherited an HP Smart Tank 6001 that needed a little cleaning, come to find out it needs a lot more than that. It was given to me for free, first thing I noticed when plugging in the printer is it flashed just the black print head. After cleaning the contacts and letting it dry, it flashed both print heads. Ive gone through and cleaned all print head contacts thoroughly, ive topped up the ink just in case, checked for jams, I can't find anything wrong. I can't do a print head alignment in the app, it just says the printer is busy. Even after trying a different set of print heads, it still shows both flashing print heads. The only thing I thought was slightly odd is the ink lines going to the print heads are empty. Even after drawing the ink to the print head with a syringe, the ink goes back to the tank, albeit it draws back slowly. It doesn't make sense to think theres a clog in the tank, lines or head. I know the general consensus is HP is garbage when it comes to printers/electronics, but I'm hopeful for something stupid here and hoping I didnt waste money. Is there anyone else that's run into this issue? Is it something simple like a ribbon cable? I'm hesitant to toss it, especially if it is something possibly simple. submitted by /u/jrz1333 to r/printers [link] [comments]

I noticed that many Epson and Canon ink tank printers have a maintenance box or waste ink box that stores extra ink during printhead cleaning. But in HP Smart Tank printers like HP Smart Tank 520, 525, 580, 585, and similar models, there is no visible or replaceable maintenance box. When we run “Clean Printhead” or other maintenance functions in these HP Smart Tank printers, where does the waste ink go? Does HP use an internal absorber pad or some hidden waste ink system? Also, has anyone experienced long-term issues related to this system, such as absorber saturation, ink leakage, service station errors, or printer failure after years of use? submitted by /u/ItsPuspendu to r/printers [link] [comments]

Why do these lines occur? inks full It started doing it suddenly out of nowhere. I've been using the printer for 5 months submitted by /u/Open_Illustrator9675 to r/printers [link] [comments]

I have an HP Smart Tank printer that came with GT52 and GT53 bottles of ink. However, for refill ink, the only bottles available for sale here in the U.S. are numbered as 31 and 32. Is that ink the same as the GT52 and GT53 bottles? Will refilling my printer with 31 and 32 bottles work just fine? submitted by /u/sonic_anon_hog to r/printers [link] [comments]

Budget: 10k - 15k INR Hey everyone, I’m looking to buy a printer mainly for study notes and general home use, with occasional color printing (diagrams, charts, etc.). My requirements: All-in-one: print + scan + copy Low cost per print (so leaning towards ink tank) Mostly black & white usage, color only sometimes Should last long + ideally easy to repair / service Preferably replaceable print head (if possible) My situation / concern: I might not be using the printer regularly (sometimes away from home for weeks/months), so I’m worried about: Print head clogging / drying (ink tank issue?) Long-term maintenance headaches What I’ve found so far: Ink tank printers seem perfect cost-wise (Brother/Epson/Canon/HP), but I keep reading mixed things: Some say Epson/Brother have fixed heads → clogging = big problem Some suggest HP Smart Tank has replaceable heads Others say maybe I should just go laser instead if usage is irregular Models I’m considering: Brother DCP series (like T220 / T420 / T730DW) Epson EcoTank series (L3210 / L3250 etc.) Canon MegaTank HP Smart Tank What I need help with: Is ink tank a bad idea for irregular use? Which brand handles infrequent printing best? Are replaceable print heads worth prioritizing? Should I just go for a cheap laser printer instead? Would really appreciate advice from people who’ve used these long-term 🙏 submitted by /u/Historical_Web5545 to r/printers [link] [comments]

If you had to choose just one for home or small office, use: • Ink tank (EcoTank, MegaTank, Smart Tank) • Or a laser printer Which would you go with and why? submitted by /u/ItchyRequirement4204 to r/printers [link] [comments]

I am considering buying this printer. have you used this printer or seen it in action kindly provide a review. The pros, cons and overall experience would be much appreciated. Thanks! submitted by /u/Ambitious_House_7629 to r/printers [link] [comments]

Author's Note: I started writing this a couple weeks ago when SPY was in the 430s. A fair bit of the "up" predicted in the title has already happened. That said I think we at least test the Morgan Collar at 4620 SPX before we top, and the gigantic IB trader's long put position is acting as resistance at 4500 SPX. There's a small chance we either match or exceed ATH before the end. There's still around $1.7 Trillion left in ONRRP to exhaust, and so far, REITs and other large property holders are adding unsecured debt to cover investor withdrawals and prop up values. This delays the boom, but means it'll boom harder when it happens. TLDR: The convergence of bond value reduction due to rate hikes combined with CMBS notes going to zero will cause a deflationary bust with multiple bank failures, in turn tanking the market and leading to more "printer go brrr" yielding an inflationary death spiral last seen during the Wiemar Republic in 1923. ​ https://preview.redd.it/jz9yzyrbikdb1.jpg?width=620&format=pjpg&auto=webp&s=05de38bf5b7aa22116fe66d11ff317fbf2644b2d Hi, I'm u/catbulliesdog you may know me from such previous DD's as: The 2022 Real Estate Crash is going to be worse than the 2008 One, and Nobody Knows about it Yet , This is How the (Financial) World Ends, Housing is a Big Bubbly Pile of Bullshit, and The 2023 Real Estate Crash Started 5 Months Ago, and It Just took Down it's First Banks (some of the links are to my profile, the relevant DD is in the pinned posts or just under "posts", can't link 'cause all the finance subs be fite each other). Plus a bunch of DD I've written various places about China and Evergrande and how nothing was ever fixed there and its going to take down the whole country. (bonus, hidden $81 Billion loss revealed today!) I've been saying for a couple of years now that we had three potential outcomes to the current mess: a 2008 style crash - this was the best case scenario, and it's window is long gone a 1929 style deflationary bust - this is, as the title indicates, a mathematical certainty at this point, the problem is what follows a 1923 Weimar republic style hyperinflation - yeah, this is the one we're gonna get when the Fed tries to print its way out of number 2. I picked 1923 and Weimar over a long list of 3rd world countries that experienced hyperinflation because of the political consequences that followed. Bonds I'm going to end up talking a lot about Bonds in this post, so, lets go over what a bond actually is, and how they work, because I know you lot of smooth brained virgin baboons have gained basically all of your so-called knowledge from a Chappelle's Show Wu-Tang Financial skit. A Bond is at heart a financial instrument representing debt that can be traded back and forth like a stock or other commodity. Bonds are described in four ways: Face Value, Coupon Rate, Yield and Price. Face Value is the total amount the bond is worth at maturation (the date it expires). Coupon Rate is the interest rate the bond pays. Yield is the effective interest rate when accounting for Price and time to maturation. Price is how much you can buy and sell a bond for today. So say you've got a $100 (face value) bond that pays 4% interest over 10 years (coupon rate). Mike buys this bond for $71.50 (price). You bought it from Mikey the Moron for $25 (price) because he really wanted to go get a pizza and six pack tonight. Mike made this deal because while the bond is worth more, the money is inaccessible for 10 years, its illiquid, and he really wants to impress his lady friend tonight, so he needs the money now. You're making 300%, which is 30%/year (yield), but you have to wait 10 years to get it. This is basically what happened to regional banks in March, they bought an absolute fuckload of bonds at very low rates, and now that rates have risen along with inflation, the yield on those bonds has collapsed, crushing the price. But, they needed access to money before the 10 years was up, so they had to unload their bonds at a big loss to get cash now, just like Mikey. The Fed stopped this bleeding with stuff like the BTFD program, but just like what China did by making banks post fake deposit numbers, it's not actually a solution, and the problem will just continue to grow behind the scenes until it busts out like the Kool Aid Man during one of his frequent substance abuse relapses. Now, there's lots of complex bullshit that gets piled on top of this, so that people can pretend they're super duper smart and too cool for school, but at the end of the day, that's the gist of it, you're buying and selling pieces of loans. CMBS This is basically the exact same story as 2008, except with commercial properties instead of residential ones. The valuations are fake and backed up by bogus revenue estimates. This is being blamed on the pandemic and work from home, but the truth is its been going on since 2008. When nobody went to jail, they all just moved over to commercial real estate and restarted the same fraudulent machine. Don't believe me? Think it's too crazy to be true? Here, from the company's website, is the corporate blurb about Brian Harris, founder of Ladder Capital. Brian Harris is a founder and the Chief Executive Officer of Ladder Capital. Before forming Ladder Capital in October 2008, Mr. Harris served as a Head of Global Commercial Real Estate at Dillon Read Capital Management, a wholly owned subsidiary of UBS. Before joining Dillon Read, Mr. Harris served as Head of Global Commercial Real Estate at UBS, managing UBS’ proprietary commercial real estate activities globally. Mr. Harris also served as a Member of the Board of Directors of UBS Investment Bank. Prior to joining UBS, Mr. Harris served as Head of Commercial Mortgage Trading at Credit Suisse and previously worked in the real estate groups at Lehman Brothers, Salomon Brothers, Smith Barney and Daiwa Securities. Mr. Harris received a B.S. and an M.B.A. from The State University of New York at Albany. I mean, jesus, look at that company list, Lehman, Soloman, Smith Barney, UBS, Credit Suisse, its like a fucking directory of shady bullshit. And the year founded? Dude waited less than a month to realize he could do the same shit he was pulling with MBS if he just added the letter "C" to the front of it. If white collar crime enforcement existed in America, this Fredo-Wannabe would have been squeezed like one of the Killer Tomatoes for enough convictions to get six dozen people Epstein'd. Honestly, I'm just kind of in awe of how much fraud and crime this guy has been part of. Ladder Capital is heavily involved in the massive fraud that is Dollar General's real estate empire - one of the scummiest companies out there that has routinely put employees at risk and has gone so far in search of illegal profits I think they might have actually invented some new crimes. ​ https://preview.redd.it/qg15jpuhikdb1.jpg?width=500&format=pjpg&auto=webp&s=aa7b1f0b8d6afcc4e5adaef5a9c6e12781c67df5 MBS Next we've got regular MBS - this is fucked in two separate ways. First, housing supply. The following is from a DD I wrote in 2021 showing that there wasn't and isn't a shortage of physical housing: In 2004 (roughly the peak of US homeownership rates) the US homeownership rate was a bit over 69%. In 2021 it's at 65%. In 2004 there were 122 million housing units in the US. In 2021 it's 141 million. US population in 2004 was 292 million. In 2021 it's 331 million. Throw all these numbers into a blender and you get: A 13% increase in population, a 4% decrease in homeownership rate, and a 15% increase in housing supply. Yes, that's right, the housing supply has increased faster than the population, and the homeownership rate during that time has dropped. Now let's update that to 2023: Population - 334 million. Homeownership Rate - 66%. Housing Units - 144 million. Over the last two years we've added 3 million people, and 3 million housing units. Most people don't live alone - children, couples, roommates, etc. So, to be clear, between 2004 and 2021, we went from 41.7 housing units per 100 people to 42.6 housing units per 100 people, and in 2023 we're at 43.1/100. That's 43.1 housing units for every 100 people in America. In the last two years we've added half a housing unit/per 100 people, which as nearly as I can tell is the fastest rate in the history of America, and during that period of time, the price of the average house in America went up by 26%, from $346,900, to $436,800. (all numbers taken from the same data series at FRED to keep things normalized) I'll say it again, over the last two years housing supply has increased at the fastest rate in American history, and prices jumped 26%. Everything I can find indicates that this "excess housing" is currently tied up in ABNB/short term rental/illegal hotels, REITs, and vacant "investment" properties that are being used as tax dodges or places for foreigners to hide cash. The rise in interest rates makes a lot of these activities unprofitable for new entrants, and a lot of the business models that these types of owners use don't work without continued growth. There's lag, denial, and losses, but REITs have been getting hit with gated max withdrawals every month for almost a year now. Combined with the hits from higher insurance and tax costs, we're going to see forced liquidations as capital flees and these finance vehicles collapse. MBS is a Derivative This one is a little trickier to understand, but it goes back to the fact that at the end of the day, MBS is basically a housing bond. And as rates continue to rise, the massive amounts of existing MBS continue to lose value. Let's do a practical exercise using rough numbers to understand this: say you've got $100 million of MBS at 2.5% and 30 years. Rates are now 5% for 30 year Treasuries. That means your $100 million is worth half of what it used to be. You've basically taken a 50% ($50 million) loss, and that's if every single mortgage pays out with no defaults, while Treasuries are effectively risk-free. (this is wildly simplified, and kinda inaccurate, but I'm writing for people who didn't get accepted to Derek Zoolanders Academy for Kids who Can't Read Good and Other Stuff) ​ https://preview.redd.it/w8meq29kikdb1.jpg?width=636&format=pjpg&auto=webp&s=80e874a1783a66a98dd6345cff2095f94e00daac In other words, mortgages are fine, mortgage securities are not. REITs You might have seen the bit about Bill Gates being the largest landowner of farmland in the US that floats around the internet every so often, but do you know who owns the most real estate of every type in the US bar none? US REITs own $4.5 Trillion of property. Now, since last fall, REIT withdrawals have been getting "gated" every month. No, not the anime "Gate" about the Japanese military invading a fantasy world with tanks and helicopters, "Gated", as in limits on how much money people can take out of the investment. Here is a chart showing REITs leveraging up every time the price increases. ​ https://preview.redd.it/22h65x8mikdb1.jpg?width=1280&format=pjpg&auto=webp&s=1e24a1ead0fbe867c4bcf3bd0b9741738166bc00 Here is a pair of charts showing REITs debt quality being upgraded AS THEY INCREASE THE PERCENTAGE THAT'S UNSECURED. ​ https://preview.redd.it/rwwgz92oikdb1.jpg?width=980&format=pjpg&auto=webp&s=915e88598ead07800d522ad2e36b6cf3e7ba3c12 ​ https://preview.redd.it/7nrk6k6qikdb1.jpg?width=980&format=pjpg&auto=webp&s=6cbb6efa5d51b01ba79cace7eb909355b8f13746 Here is a chart that literally shows smart money leaving REITs and being replaced by unsecured debt so that fund managers can avoid selling buildings at a huge loss and destroying their entire job. ​ https://preview.redd.it/7o7lfdarikdb1.jpg?width=1280&format=pjpg&auto=webp&s=dc88c36c89a9b3228efeca50582ce0354604b398 And here is the official statement from the REIT lobbying groups website about why they're safe. With higher interest rates, stricter underwriting standards, and changing property valuations, many private real estate investors are ill-equipped to face the current financing environment. This has fueled concerns about real estate debt holdings and the potential for escalating CRE defaults. It has also increased the perceived risk of the overall industry. While U.S. public equity REITs are not immune from the current mortgage market turmoil, on average, REITs have limited their exposure to these challenges by maintaining leverage ratios consistent with core investment strategies and focusing on unsecured, fixed rate, and longer-term debt. Access to the unsecured debt market provides U.S. public equity REITs with a competitive advantage over many of their private real estate market counterparts. Today, REITs continue to be well-prepared to navigate this period of economic and capital market uncertainty. Let me translate that into plain English for you. They're saying they've loaded up leverage to buy more at the top as their valuations have risen over the last two years, and they're using unsecured debt to cover shortfalls from too many withdrawals. This is the blueprint for turning small defaults into gigantic economy destroying fire sale defaults. An REIT is effectively a math problem, when money is free (zero rates) and houses/buildings always go up in price (a side effect of zero rates) it prints cash. But take away those two things and all of a sudden it turns into a SAW movie where you can't get out and your net worth is destroyed in slow motion in front of you. The people running the REITs aren't going to liquidate early and save what they can because doing so puts them out of a job and makes it impossible to get another one. Six months of withdrawal limits - from 3 months ago Australian REIT can't sell buildings to pay out investors - from last week "Decline" in redemption requests - this one is the funniest to me, because if you actually read the article, it notes that $8.1 Billion has been withdrawn from this one REIT since November and another $3.8 Billion tried to leave in June, of which they only allowed $628 million to escape, and the headline is all "everything is good bro!". ​ https://preview.redd.it/mz8mkdtsikdb1.jpg?width=500&format=pjpg&auto=webp&s=5a031df930199463f025deca2fc3032ffe62f2db China This is our future. When I started posting about Evergrande and the crippling problems with China's economy, I also said they were doing something radical that had never been done before that was staving off the collapse. Namely, they were just flat out lying about their reserves and obligations and losses. The Party basically told the banks "you're not insolvent, the debts are good, and if you disagree your entire family goes to organ donation camps". So, the banks and the local governments pretended everything was fine, crushed any local protests with a mix of police, state agents, thugs and enforcers, and the developers all said "we'll finish your buildings and pay you back we pinky swear it this time". And all of that bought them roughly a year and a half. I don't know if the CCP realized what they were doing when they did it, but they were really backdoor fake money printing. The books added up to -27, but they said it was actually +148. The money was never real, but enough people acted like it was to keep the plates spinning for a little while longer while Xi consolidated his power as a modern day emperor. But now the cracks are showing, the plates are falling, and it turns out Xi might have the power of an emperor, but the tide is going out and he doesn't have any clothes. Evergrande's losses were just revealed as $81 Billion (so far, real number is way higher), and Evergrande is just the well known name, there are dozens and dozens of dead fish in that corrupt pond waiting their turn to float up to the surface. To put it simply, China has three real estate problems: The country built an absolute ton of completely worthless buildings and infrastructure. The population spent their entire life's savings to finance this fiasco. A lot of these worthless buildings have been paid for but never even built and now the money and value are disappearing. For the past couple of months China has been doing massive amounts of QE and money printing, but its not enough to offset the deflationary bust of fraudulent assets being realized as worthless. The spiral here is just starting, and the CCP has more avenues to force the appearance of "its all ok" than the US does, but things are going to continue to get worse, first slowly, then rapidly all at once. That leaves Xi with the tried and true option of starting a war to avoid dealing with his problems. His best target for invasion is actually Russia, it has a weak military, a large land border, and everything his country needs. But the Russians also have nuclear weapons and ballistic missile submarines, so they're out. India is the worst target, with a larger, younger population, a land border full of hard to cross mountains, and also nuclear weapons. That leaves Taiwan, which China has failed to invade twice already, so I guess we'll see what happens there. ​ https://preview.redd.it/82bzt6ptikdb1.jpg?width=568&format=pjpg&auto=webp&s=cff156d46d6b2d07f324986e3f53e7adc0932431 Now, you might say but CatDog, China is the world's factory, and I've been hearing about Evergrande or whatever for years but nothing happened, they're fine! Well, no, they're not, and the property bust is well and truly underway. Here, peep this chart link from the National Bureau of Statistics of China. Look at Table IV - link is to an official CCP site, so the numbers, which are terrible, are overstated to the upside. Only 8 out of 70 cities did not experience a drop in the price of sold second hand residential buildings in the 2023 Jan-May period (this is Chinese people selling empty, unfinished apartments to each other in a weird national ponzi scheme that's wasted and destroyed the life savings of the majority of the population) Imagine taking a 30% value hit on an apartment you've paid for with your parents and neighbors life savings that isn't even under construction yet. That's what's happened in 62 out of 70 of China's largest cities over the last couple months. The fireworks that are going to come out of this haven't even begun to start yet. US Banks and Insurance Companies American banks are currently experiencing a lot of the same things Chinese banks have been in the face of interest rate hikes devaluing all the bonds they bought during pandemic money printing, and the property bust that's in progress. I keep talking about property, but really its all the debt that financed the purchase of that property and has been sold in the form of low interest rate bonds. Bonds which lose billions in value every time the fed hikes rates. Pretty much every single bank in America is insolvent under mark to market accounting due to unrealized bond losses - the recent Fed stress tests notably did NOT test banks under that standard. What, you think BofA keeps noting $100B+ losses on bonds every quarter and they're the only ones? But its not just banks. You know who else buys an absolute ton of treasuries and MBS and CMBS and other bonds? Insurance companies. But hey, no issue there, its not like insurance companies EVER get hit by gigantic unexpected capital calls right? I'm sure they can all just wait it out for 30 years juuuuussstt fine. Anyways, right now they're marking stuff HTM (held to maturity) and relying on special fed programs to hide the problems. It's a temporary band-aid that won't hold up for long, just like what the Chinese banks were doing when they would just say "it's all fine!" And finally, since there's no where else to really put this, remember how the ADP payroll report showed +459,000 jobs, but the official numbers showed less than a quarter of that? They're both right, it just means over 300,000 people got a second job last month to make ends meet. ​ https://preview.redd.it/wug40e6wikdb1.jpg?width=504&format=pjpg&auto=webp&s=a4f0ec91d413e1bd5bc95e5b0a799dedddba5407 Canadian Banks Yeah, the big six are just completely fucked at this point. They're full of Chinese property debt and the insanely overpriced Canadian real estate market doesn't have 30 year fixed loans. It has 5 year fixed adjustable. Which means it starts detonating AT THE ABSOLUTE LATEST in 2 more years when people start having to refi the first pandemic home purchases from 2020 at rates which will more than double their mortgage payments. But their charts say they're gonna run to new ATH's first. So we'll see what happens here I guess. Deflationary Bust This is what's going to happen this fall as bonds come due and debt needs to be refinanced at higher rates. A deflationary bust from debt going bad is what caused the Great Depression and the Great Recession. The Great Depression was worsened by governments hoarding Gold thus further contracting the monetary supply, which did not happen in 2008, and won't happen this time around either. The difference is the sheer amount of debt going boom this time, on top of just how much debt is out there now. Look, one of the things that turns a Bull Market into a Bubble is fraudulent shorts getting exposed and liquidated. One of the things that turns a Bear Market into a Crash is fraudulent ponzi's getting exposed and liquidated. Post-pandemic it was the Meme Stock phenomenon and a concerted options leverage strategy by Softbank. In 2008 it was Madoff and AIG. I don't know what the trigger event will be, or what it'll get blamed on, but I do now that if you just keep pouring dynamite and nitroglycerin into a hole along with lit matches, its only a matter of time until it goes off, and when it does, it won't really matter which match started the chain reaction. Fed Panic/JPOW is a 'lil Bitch Every single time the market drops, JPOW will panic and try to pump it. Even when he says he's trying to make it go down, he'll still pump it. Last year the market was on the verge of crashing for reals when JPOW had his little buddy Nick Timiraos at the Wall Street Journal tweet out some bull news about rates and the Fed. I've been trying to find the tweet - it came close to bottom ticking the market during the 30 September - 14 October bottom - but I suck at old tweet searches, so you can take my word for it or find it yourself. Then there was the time the Fed sold billions in puts to stop a 1987-style crash that was developing in the early days of 2023. Fed intervention or "the fed put" as its been called is just something that happens now I guess, and it'll work and drag things out... right up until it doesn't. In a recent paper published by the Kansas City Fed the Fed itself has admitted monetary policy was not at all constrictive over the last two years, despite "rate hikes" and tough talk. When things get really bad as the bonds bust, JPOW will return to his roots as the Wall Street Lawyer he is, who works at a company owned by JPMorgan (yes, the Fed is a private bank that pays a dividend and Morgan has owned the biggest part of it since it was founded in 1913). And JPOW will try to pump the markets. Which will lead to.... Hyperinflation/Weimar Republic This is what we'll likely be on the path to once the Fed tries, again, to fight a deflationary death spiral by printing money and preventing the global rich and wall street from realizing any losses. Inflation doesn't happen all at once, and it doesn't go away the first time it drops. It comes in waves, and our current lull is about to start ramping up again, despite the "high" Fed Rate of 5%. Inflation kept spiking in the 70's even when rates were over 10%. And if you go back and read the headlines, you'll see plenty of victories declared along the way, just like we're seeing now. ​ https://preview.redd.it/c5euvsmyikdb1.jpg?width=890&format=pjpg&auto=webp&s=a61b92b081b7db5492f671fcd281bb2ba4bc5b59 But they're all fleeting and momentary victories. The tide of inflation rolls on until we hit monetary destruction, revenue catches up with debt, a massive deflationary bust occurs and sticks for more than 10 days... or we have a big war. Positioning Fuck you, buy GME. Around 90% of my total portfolio is direct registered shares and LEAPS of the video game stock that made this place famous, and I continue putting excess profits into those positions. This super advanced analytic chart from a cutting edge AI is basically how I see SPY going this fall: ​ https://preview.redd.it/t5qnjrwzikdb1.jpg?width=898&format=pjpg&auto=webp&s=8c6b72e4743e0837950c24d8780cee854f17eea5 Look, you're all an amazing Shrewdness of Primates. Apes strongk together. Go forth and seize your tendies you beautiful ugly bastards! submitted by /u/catbulliesdog to r/Superstonk [link] [comments]