@henryfudgeofficial: £677 billion of British mortgages are sitting at the Bank of England. Except technically they aren’t. Two weeks ago UK banks pledged £1.9bn of the Bank of England’s riskiest collateral category (Level C) in a single week, the most since March 2020. Everyone called it 2008. The real number is £677bn of collateral pre-positioned at the BoE, and over 60% of it is residential mortgages. This is how central bank reserves, repo, collateral haircuts and the UK housing market are wired together. Rentier Black Hole. #rentierblackhole #bankofengland #ukeconomy #economics #monetarypolicy

Henry Fudge
Henry Fudge
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Region: CH
Monday 07 September 2026 17:31:55 GMT
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mbthephy
MBthePhy :
Mark my words, at some point I will sit down with friends, watch a Henry Fudge video and we take a shot every time he says „rentier black hole“.
2026-09-07 17:51:35
268
cascadingleadership
YT Dr.Jim @cascadingleadership :
I'm not saying it's the rentier black hole but...
2026-09-08 12:02:45
67
twistedgumdrop
UndersideGundo :
I just can’t express how much I love the Rentier Blackhole videos
2026-09-07 21:17:20
36
danielmoore272
Danny Moore :
Mmmmmmmm
2026-09-13 10:45:26
0
dariopinolini
StateStreet :
So speculators are never paying
2026-09-07 21:42:52
44
tomnuus
tomnuus :
been watching your videos for a while and have one question; why is your floor on your ceiling?
2026-09-07 19:12:50
10
observereflect
scaled :
So to be clear: the UK has a housing crisis and the UK itself is one of the largest mortgage holders ?
2026-09-08 13:08:13
19
captainswordface
captainswordface :
do you think the reason Canada and Australia are in similar rentier black whole situations is because of our ties.wuth the UK and the development of our banking system from theirs? or do you think this is just a natural out growth of capitalism
2026-09-07 18:15:33
11
totallyttcolumbia
TTTiktok :
Who is going to pay the renters rent when they get old and can no longer work ? Its a problem that will one day raise its head ?
2026-09-08 06:35:06
7
whistler.moose
moose 🇨🇦 :
can we start calling it a "rentier fudge hole" ..?
2026-09-07 19:20:41
15
morradis
MorraDis :
The economy is about to implode again
2026-09-08 06:50:50
19
nffcfan1989
Lucas NFFC :
I love you, I love your work, I will carry on watching a little and liking. But my god I'm tired boss.
2026-09-08 08:48:26
24
williamavery92
William Avery :
Me, watching this on a phone bought with "interest-free credit".😎
2026-09-08 07:33:58
15
bynonary
Damn. :
I've never heard anyone explain any of this "it's all Greek to me" type of information better, more concisely, and make it so easy to understand. Thanks, Henry. Everyone should share this stuff because it's brilliant for the people.
2026-09-07 18:32:23
1
braddersuk2500
bradders :
financial system is corrupt
2026-09-08 19:50:46
10
1337meme
Jason :
If you ever hear a news presenter say the words “financial instruments” sell everything.
2026-09-09 02:24:08
6
malcolmtomisin
Tomisin :
So many intangible concepts (debts, securities) flying in the air, sounds like these intangible concepts aren't backed by real value or productivity.
2026-09-08 10:46:04
7
riskypearl18
Will :
Henry can you do a video on the hedge fund billionaire leaving? I'm not an expert like you but to me it looks like neo liberals are peddling bullshit blaming it on the gov. I think he would of left anyway because of tax package Greece offered him interested to hear your take
2026-09-07 21:37:36
6
wetflannel609
wetflannel609 :
2008 usa market crash uk edition 2026/2027
2026-09-08 08:37:51
6
ashley57839
Ashley :
Id have much more trust in you if your lapel mic was on your lapel and not in your hand
2026-09-08 07:32:04
7
benjones6925
bj1147 :
Let’s watch a fudge playlist & do a shot every time the phrase is mentioned
2026-09-07 18:22:14
2
letletlet745
letletlet :
why do you pronounce r/en/tier like it's a french word when it's purely english
2026-09-07 18:01:15
2
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