Why Banks Just Got Free Money, Bail Out Explained:
► Use coupon code “MAGIC” To Get 10% OFF OVOU: The Smart Business Card:
► How I went from Zero To A Million:
► My Stock Portfolio + Stock Tracker:
► Get 2 FREE stocks valued up to $1850 (when you deposit $100):
► ROBINHOOD (Get 1 Stock When You Sign Up):
► Open A Roth IRA:
► Follow Me On Instagram:
► How I Protect My Bitcoin:
My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103
SOURCES:
*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future….(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
Recently, banks around the world received a huge injection of cash from their governments. It’s called a “bailout,” and it’s a financial rescue plan aimed at preventing a complete collapse of the banking system during times of economic crisis.
But what exactly does “bailout” mean, and how does it work? In simple terms, a bailout occurs when a government provides financial assistance to struggling institutions that are considered “too big to fail.” Banks are typically at the center of these bailouts because their failure would have catastrophic effects on the entire economy.
During the financial crisis of 2008, for example, many banks were on the verge of collapse due to subprime mortgage defaults and other irresponsible lending practices. The US government decided to bail them out with the Troubled Asset Relief Program (TARP), which provided $700 billion to keep the banking system afloat.
In exchange for the bailout money, banks had to meet certain conditions, such as increasing their capital reserves and limiting executive bonuses. The goal was to prevent reckless behavior and ensure that the banks would be able to repay the government in full.
Fast forward to today, and we’re seeing a similar scenario play out with COVID-19. Many businesses are struggling, and banks are at risk of taking heavy losses as a result. To avoid another financial crisis, governments are once again stepping in with bailouts.
In the US, for example, the $2 trillion CARES Act includes funds for small business loans, direct payments to individuals, and aid to hospitals and state governments. It also includes $500 billion in loans and other support for large corporations, including banks.
Critics argue that these bailouts amount to free money for banks and other corporations without enough accountability or oversight. They worry that the funds will be used to pad the pockets of executives rather than supporting workers or the economy at large.
Others believe that the bailouts are necessary to prevent a complete economic collapse, and that the conditions attached to the funds will ensure responsible behavior.
In any case, the fact remains that banks are once again receiving a massive infusion of cash from their governments. Whether this leads to economic stabilization or moral hazard remains to be seen.
Do you guys think this situation will get worse? (referring to my tan lines)
2:03
Simply partitioning one’s funds into multiple accounts—assuming one attempts to do that by opening multiple accounts with the same bank—won’t help.
“FDIC insurance coverage is based on how much money each depositor has in one of several "ownership categories" at each bank — single accounts, joint accounts, revocable trusts, certain retirement accounts and so on — not on the deposit product itself.”
If only we could get bailed out like banks do!
love the new edit
Hey, you got free money for promoting a scam to millions of viewers. What place are you to act like you’re better? You’re a dirtbag.
your in our prayers Andre. they will not succeed. be strong
You’re close to those scammers all the same. People just buy it more because you put on a “calm/nice guy” impresssion. Not to say you’re evil or anything no, but you’re a part of this scam/be finance culture
A 2 billion dollar hole in a 200 billion dollar bank causes a run?
It wasn't a run. It was a controlled demolition by a worthless VC economy. They put the bailout before their eventual decline. This was a raid.
There is no difference between worthless startups and crypto. It's all fictitious capital. The fetishism of value. GLHF yall with the subjective value theory.
This is why crypto was made ..
Yes taxpayer money.When the European banks over loaned in 2010.The Irish taxpayer had to bail out the European banks through austerity for years.
The government is targeting crypto involved banks because they want to create their own digital currency to control things. This may not be the case for SVB, but it is the case for Signature. The govt. doesn’t like the competition or independence crypto offers people. They decided to strike while the iron was hot, and took over Signature even though they were not insolvent.
I got to be honest I don’t think you should be in the lawsuit but graham Stephan absolute belongs in it. I hope you both learn your lesson and do better vetting who you choose to promote. If they pay you way more then the competition then it’s probably a scam.
Reply
1
the crypto market is moving back to it's peak, please how can I make profitable investments now?
Digital bank currency is the ultimate end goal. Nowhere to run it's coming.
@4:16 not really , Of course by 2021 every bank kind of knew about possible raise of rates though – SVBN was very irresponsible in not keeping cash stash and even run without a CRO , not to mention they give each other bonuses as high as $140k on directives and even the president sell up to $9M in shares.
I hold both but I’m making more effort to get as many RL5TE as I can, along with bitcoin and enthereum.
As short on the opposite.
Part of a very important coin been talked about in the BCL
Been watching your videos for sometime and a subscriber. The production is amazing on this one! Thanks for always sharing your brilliant research and giving insights
This bail out is only a bandaid on a gushing wound.
Printing restarted Jikh
The thumbnails are actually laughable at this point.
Reply
Andrey, could you do a segment on how rates Europ and Euro dollars.
Your hair looks like Goku
11:05 See that would be really smart for a normal person but these companies have billions of billions of dollars in their account that would take forever to do.