Connect With Me On Instagram: @thisisjohnwilliams (I respond to DM’s)
Free Credit Repair Strategy Session —
Are you someone who wants to invest in real estate, get approved for a 0% interest balance transfer or wants to position yourself so that you can get approved for financing? Good credit is required, if you need help fixing your credit, schedule a free call with us today!
Are you a busines owner that works in a career where your clients / customers need to pass a credit check to close the deal? Partner with us and we’ll fix their credit and pay you for sending us the customer and once we are finished, we’ll send them back to you to close the deal:
Are you someone with a net worth above $500,000 or more and concerned with having all of your money in one country, jurisdiction or currency and want to diversify your wealth? I suggest using the same tools that billionaires, millionaires, athletes and politicians use; its an offshore asset protection trust. I have established one my family. If you’d like to use our resources and our licensed legal team, schedule a call:
Follow me on social:
Instagram:
TikTok:
Twitter: …(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Widespread Bank Failures NOW Confirmed | Major Changes Explained in English
In the wake of the global financial crisis, the banking sector has once again been hit by a wave of widespread bank failures. It has now been confirmed that numerous financial institutions across the globe have collapsed, causing panic amongst individuals and businesses alike. These failures have prompted major changes in the banking industry, which are now being explained in English for better understanding.
One of the main factors contributing to these bank failures is the economic fallout from the COVID-19 pandemic. The widespread lockdowns and reduced economic activity have resulted in massive losses for many businesses, making it difficult for them to repay their loans or generate enough revenue to survive. This, in turn, has led to a sharp increase in non-performing loans and a decline in the overall health of the banking sector.
Another significant factor behind these bank failures is the heightened levels of financial risk-taking. In an attempt to boost profits and recover from the economic downturn, many banks have engaged in high-risk investments and lending practices. However, these decisions have ultimately backfired, as the risks involved have outweighed the potential rewards, leading to significant losses and ultimately contributing to bank failures.
The consequences of these bank failures are far-reaching. Customers who had deposits with these failed banks are now facing the risk of losing their savings. The inability of banks to honor these deposits has created a sense of insecurity, leading to customers withdrawing their funds from other banks at an alarming rate. This, in turn, puts tremendous pressure on the remaining financial institutions, as they struggle to meet the increased demand for withdrawals, potentially leading to a domino effect and further bank failures.
Central banks and regulatory authorities are now stepping in to prevent the situation from spiraling out of control. Major changes in regulations and oversight are being implemented to enhance the stability of the banking sector and protect customers. These changes aim to improve risk management practices, increase capital requirements, and enhance regulatory scrutiny over financial institutions’ activities.
Furthermore, governments are intervening with unprecedented levels of financial support in an effort to stabilize the banking system. Bailouts and stimulus packages are being put in place to inject liquidity into the market and ensure the survival of banks that are deemed too big to fail. However, such measures come at a cost, as they put an additional burden on government budgets and can lead to increased public debt levels.
It is crucial for individuals and businesses to closely monitor the situation and make informed decisions regarding their banking relationships. It is advisable to spread deposits across different banks to minimize the risk of potential losses, as well as staying informed about the financial health of your chosen banking institution.
Overall, the widespread bank failures that have now been confirmed have sent shockwaves throughout the global banking industry. These failures are a stark reminder of the importance of sound financial practices and prudent risk management. As governments, central banks, and regulators work towards stabilizing the situation, it remains to be seen how long-lasting the effects of these major changes will be and how they will shape the future of the banking sector.
This nothing new the Democratic president bail out bad loan years ago and now it’s too later bc of Biden administration bankrupt the country guest who going to pay the middle income family so mines as well be on welfare
Great timing, like usual.
Is it because of fednow and CBDC?
The real inflation like food and energy, the things we use everyday is not going down, and in turn, it’s not working Powell! And the Feds are not including housing either.
Buy silver or gold to survive… Salvation
The US finance system is larger than the economy it is meant to finance.
A Bank crash/crash in the stock or real estate markets has less of an immediate impact on people's standard of living than inflation or currency devaluation. That the market is so negative at the moment shouldn't be shocking. If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. Now all that's left of my $370K portfolio is ruins.
Gerome the jerk will only have credibility after he stands before Congress and tell them he only has one tool but they keep overspending.
For a lot of people this may sound like fear mongering but it's music to my ears. I'm here for it.
BMO will complete merger of Bank of the West in Sept . They are midwest bank coming into california. Whats your thought on BMO and will survive this banking crisis?
The FED is trying to destroy the economy as quickly as possible so they can lower rates back down to zero.
We tried to consolidate at the credit union and they told us to put our house on the line im stuck making these payments and never getting out
Things are going to explode soon. The economy can not sustain this much longer
One bank will be left. It will decide what, where when you can buy
What are you talking about, Powell who was so right on with his transitory inflation call just told everyone a recession is probably off the table!
Any idea when big insurance companies will start failing? I was always under the assumption that there are A LOT of people and businesses that suck on the insurance teet. If they fail, everything fails. Think of all the disability claims alone.
Oh and by the way ..They are no longer conspiracy theories. They are now just spoiler alert’s.
You aren't kidding things are getting more expensive. Stopped at the Save-a-Lot this morning. Got a sm. bag of food for 50 bucks. They need to change their name to Cost-a-Lot.
Guys, why arent you talking about Wixpool?
And he should be ashamed of himself for lying to people. Thumbnail is a joke too
Have you people listened to this nut job? He reads some facts out of context. Then try’s to scare you with them and his opinion which is never ever right! Quit wasting your time. He’s trying to scare you to make money!
Oh no! End of the world Confirmed! Doom and gloom Confirmed. Bald head stupidity Confirmed!
Can you assholes stop this “hurrrrrr bank fail herpie derp” until wellsfargo AND boa fail and shutter their door and lose all your money, banks have not fail. Now cut the crap.
The gov is doing this on purpose…. Consolidation just means easier control by the powers that be. They know exactly what they are doing.
Are you still just holding coins? Guys, what are you doing? Wixpool has been around for almost a year!
Is this a good time to have some savings in stocks? it's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates.
Thank you for this very informative video. I know that most people in America rely on banks and expect honesty and fidelity. However, history has shown us that this is a false assumption. Crypto, with their inherent volatility, present a unique opportunity for substantial returns. They're not just digital assets anymore; they're reshaping the financial landscape, Those who are neglecting crypto investment will be dependent on those controlling CBDC's during the upcoming depression while we will be in a position of financial freedom. I must say trading offers more benefits than just holding and i have made over 27btc from day trading with Antonia White insights and signals in less than 3 weeks so glad I started her program.
Just get it over with already I’m sick of hearing about the economy exploding then waking up and nothings changed.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Maria Reyes.