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LEARN MORE ABOUT: Bank Failures
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The banking industry has once again been hit by a devastating crisis, claiming a new victim in its wake. This recent incident has sent shockwaves throughout the financial world, raising concerns about the stability and future of the banking sector as a whole.
The crisis that led to the downfall of this latest victim is not an isolated incident, but rather a culmination of ongoing issues and vulnerabilities within the banking system. Factors such as poor risk management, lax regulatory oversight, and excessive risk-taking have all contributed to the unfortunate demise of yet another financial institution.
The collapse of this bank has sent shockwaves through the economy. Shareholders have seen their investments evaporate, employees are facing uncertainty and potential job losses, and customers are left wondering about the safety of their deposits and financial transactions. The repercussions of this crisis are far-reaching and extend beyond the walls of the institution itself.
One of the main concerns arising from this banking crisis is the loss of public trust in financial institutions. The repeated failures and bailouts of major banks in recent years have eroded confidence among customers and investors. People are becoming increasingly skeptical about the ability of banks to protect their money and make sound financial decisions. This lack of trust not only threatens the stability of individual banks but also the overall health of the economy.
The banking crisis also highlights the need for more stringent regulations and oversight. Governments and regulatory bodies must take a more proactive approach to prevent such crises from occurring in the first place. This may involve implementing stricter risk management practices, increasing capital requirements, and improving transparency to ensure that banks are adequately safeguarding the interests of stakeholders.
Furthermore, there is a growing call for more diversification within the banking industry. The concentration of power and resources in a few large institutions has been a significant contributing factor to the systemic risk that the banking sector faces. Encouraging the growth of smaller, more specialized banks could help reduce the potential impact of a crisis and promote healthy competition within the industry.
While the banking crisis claims yet another victim, it serves as a reminder of the inherent risks and vulnerabilities present within the financial system. Without significant reforms and a renewed commitment to transparency and oversight, similar incidents may continue to occur, posing a threat to the stability and trust that are the foundations of the global economy.
In conclusion, the banking crisis claiming a new victim is a distressing reminder of the ongoing fragility within the financial sector. The significance of this event should serve as a catalyst for change, urging governments, regulatory bodies, and industry leaders to address the underlying issues that perpetuate these crises. Only through meaningful reforms can the banking sector regain public trust, secure the economy, and prevent future victims from falling prey to the perils of the industry.
Inflation is re-accelerating sir.
So, having a CD is a bad idea?
M2 is growing at a 4.5% annualized rate versus prior month.
How about the special drawings that you can not see,and the banks taking something of value.
Be careful of those working for the Deep State who seek to cause a massive run on the Banks.
Spanking crisis
What happened to M1 ? Why was it taken off the board ?
itll happen fast too. we will wake up one day and multiple banks closed. market down 1000 points. emergency fed meeting blah blah
It's the so-called good bank, bad bank philosophy. We the people take out the corporation does not want. Loses
The people who used to manage the FED died of old age. And now the animals are managing the zoo.
32 trillion federal debt 21 trillion total American income from all sources. All sources. Every single penny earned from all American business doesn't add up to even close to the FEDeral debt.
And printing money works well in Japan right? They keep getting away with it right?
And now the new fed currency which will deprive banks of user fees and put them all out of business.
Reliant on interest rates and all alone in the global banking world on that call.
Everywhere Mastercard debit and VISA debit is making money for global banks.
Canada has had digital currency since 1984! Interac debit. Banks made huge profits stayed strong through it all.
America ?192 trillion in unsecured liabilities. Promise sorry notes. (sp)
And a new trade currency ready to drop. Already other currencies are being used other than the greenback.
This license to print money because the greenback was a global currency where panicked by propaganda via NATO people went for shelter in the greenback well the SCO changes all that now.
NATO has been Shanghai'd.
How did that happen? I invented it in 1984, and I taught Christine Lagarde she took budget money and brought in banking instruments we called it, and no one noticed us upgrading global banking through the IMF, while America said it was all economic bank collapse, propaganda as usual not just the IMF upgrading the banks nothing to fear no they panicked everyone into real estate as banking.
And destroyed the middle class in the process then destroyed American banking.
Just very bad management. And serious lack of knowledge and communications. Like America lives behind an iron curtain payed for by printing money. To support Imperialism and the huge military industrial complex which is now dead weight and not even modern in global terms.
Am I supposed to feel bad for banks because more Americans are paying down the principle on their loans?
The FDIC is already insolvent.
This is a MUCH better video background – thanks! Subscribed.
Dude no way they lower rates or inflation goes 9% and in Feds crazy formula that’s 22% in real life there the Feds at 3.9 % is actually 9.5% minimum
There inflation rates is about a 1/3 correct
If rate went lower even to 4 real estate goes up 15% above the bubble
Thanks Steve
The Eyebrows of Economic Doom rides again!
3rd HORSE OF APOCALYPSE–FINANCE FAILURE
BORN-AGAIN ESCAPE IN RAPTURE
MAYBE, THIS SEPTEMBER–FEAST OF TRUMPETS
HOPEFULLY, ALONG WITH OUR PETS
Feds don’t tell the truth , they are so full of it.
Top notch
Why don't you ever show or verbally tell your followers THE DATE of your video? 19 hours ago could be last year 2022.
What bank just failed? Signature failed in may
I want some of these deals. Let me buy something with unlimited upside and protection against any losses. And the rich get richer
These big banks created this ! They own the federal reserve bank and are as corrupt as an inside trading Pelosi
Part 2: My parents came of age during the Great Depression where my Dad lived by the rule "cash is king." In early 33 FDR closed all the banks with only the solvent ones reopening. Depositors in the ones that did not reopen were SOL. As such the only reason why my Dad in particular TRUSTED the banks was because of FDIC. We can now see once again why the distrust.
Back in early 1980 I had an epiphany that America was going to spend itself into oblivion. Out of that I started to salt away hard assets much to my Dad's cash is king chagrin. Now I tell him with the huge debasement of the USD, ballooning debt and the over whelming of FDIC because of bank insolvency what good is your cash is king mantra now? The powers that be have purposefully pulled the rug out from under equities, bonds RE, currency in all of its derivatives for the purpose of keeping the economic system and thus civilization from collapsing. They have done it in the name of the collective well-being which is true..but they also have the self interest of wanting to remain at the top of the food chain.
The end of moral hazard (Not doing things right) really took off with Obama and his subordination of the GM bondholders in 09 to ensure the GM pensioners got theirs. So what is nu here Mr Meter
Im tired of bailing
Can i start a new bank with no toxic assets and let the others fail????? 20% to 30% down to buy home.