Why Bank Of America Is In Big Trouble

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  • เผยแพร่เมื่อ 3 พ.ย. 2024

ความคิดเห็น • 37

  • @austinbar
    @austinbar หลายเดือนก่อน +9

    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson

    • @rogerwheelers4322
      @rogerwheelers4322 หลายเดือนก่อน +5

      Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply focus on diversified investments through a financial advisor, collect my profits, which I either spend or repeat the process. Never been this comfortable with my finances.

    • @joshbarney114
      @joshbarney114 หลายเดือนก่อน +5

      I have learnt not to trust corporations, especially these banks. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor and it has been paying off. No major loss has ever been recorded since 2019 i started. I'm closer to having a million now than i ever was with the banks. I'm never going back to banks full time.

    • @FabioOdelega876
      @FabioOdelega876 หลายเดือนก่อน +4

      I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @joshbarney114
      @joshbarney114 หลายเดือนก่อน +4

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @FabioOdelega876
      @FabioOdelega876 หลายเดือนก่อน +2

      Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @Lilithofeden1
    @Lilithofeden1 หลายเดือนก่อน +4

    Why they having outage and 0$ accounts right now, ports closed, storm damage Biblical...

  • @chrism2966
    @chrism2966 หลายเดือนก่อน +5

    Banks have created their own Nemesis - online/ digital banking. Online banking is so convenient. 24/7 hours. Assistance via the phone or keyboard. Currently 99% secure. Over the next few years, as this develops, banking will become more competitive with offers, reduced interest for loans, increased interest for deposits etc. The use of cheques is almost zero and will fade away as older users pass away. Frankly, the post office could handle all physical banking requirements on behalf of all the banks, so a main street presence is now unnecessary. Regrettably this will lead us quickly into a CBDC environment and once cash, as an alternative, is unavailable, we will be at the mercy of whoever controls the keyboard in banking and in government. Cash must stay.

  • @RonaldSkancke
    @RonaldSkancke หลายเดือนก่อน +4

    Saying intrest rates are historicaly high is laughable. I watched people borrow money at 18% in the early 80s to buy farm land. For some it worked for others not so much.

  • @joejenkity1704
    @joejenkity1704 2 วันที่ผ่านมา

    They also make it so difficult to transfer money out of your account.

  • @ghanna7787
    @ghanna7787 หลายเดือนก่อน +3

    I've rarely visitied a bank in over 30 years. The last was Sept 2018 when I paid off my house.

    • @joshanonline
      @joshanonline หลายเดือนก่อน

      With digital dollars, you won't have to visit banks. When they flop, all your digital pixelated money will go poof instantly. Even owning a house is uncertain when the system collapses.

  • @allenbarrow4904
    @allenbarrow4904 หลายเดือนก่อน +1

    When Bank of America said online at TH-cam, the posting was gone in 24 hours.
    The reasons that posting disappeared was due to the US Fed & government was worried that it did frightening investors and kill confidence in the American Banking System. What a joke!!!
    So raising interest rates for borrowing and loaning was defensive mechanism for banks while the public (suckers ) still got the illusion the Dollar economy is safe.

  • @chipsramek3868
    @chipsramek3868 หลายเดือนก่อน +3

    All Deception... Yes over 100 banks closed buy This poster "forgets" to mention that 135 new ones opened up.

  • @HappyPandaBear73
    @HappyPandaBear73 หลายเดือนก่อน +5

    AWESOME NEWS ON THE COLLAPSING OF THE U$A’s FINANCIAL INSTITUTIONS & THAT DAY CANNOT COME SOON ENOUGH! THERE’s A GOD AFTER ALL!👍🏼😅😂🤣

    • @charleswillcock3235
      @charleswillcock3235 หลายเดือนก่อน

      There could be another side to the collapse of the US banking system. A classic click bait title.

  • @tierastoner4522
    @tierastoner4522 หลายเดือนก่อน

    Pretty ironic watching this especially since Bank of America is having an outage. Some accounts showing 0 balance. 🤔
    Shit is getting deep..
    (Grab your boots and gun)
    I hope people see what is happening and ask God for forgiveness. ❤

  • @ThrowBackZone
    @ThrowBackZone หลายเดือนก่อน

    I never thought about branch closures leading to more payday lenders. Isn't that like trading one problem for a worse one? 🤔

  • @MichaelKolbe-xn2cp
    @MichaelKolbe-xn2cp หลายเดือนก่อน +3

    Cant walk in a bank and do buisness then i just wont

  • @AbuHasan-nw1jj
    @AbuHasan-nw1jj หลายเดือนก่อน

    No problem sir,you all are reach peaple,dont worry☝️👌

  • @WilliamFoley-t4c
    @WilliamFoley-t4c 21 วันที่ผ่านมา +1

    Fear mongoring?

  • @fss1917
    @fss1917 หลายเดือนก่อน

    A lot of locations are closed yet teller positions are still open. Whats the point

  • @bluedrakken
    @bluedrakken หลายเดือนก่อน +1

    the delulu is crazy.

  • @31nayan
    @31nayan หลายเดือนก่อน +1

    The de dollarization process has already set in and its a matter of time that stock market will collapse leading to worst
    situation than the great depression. people should alert and keep at least 6 months groceries and liquid cash as the time may come where ATM may not dispense cash.

  • @26663chris
    @26663chris หลายเดือนก่อน

    Call this a bank.......you would get better service from a blind dog......

  • @sebgierek1462
    @sebgierek1462 หลายเดือนก่อน

    Real reason? Collapse? 😂😂😂

  • @aladeobafemi6424
    @aladeobafemi6424 หลายเดือนก่อน

    Neto and is alliance will answer that question

  • @elfuturomio
    @elfuturomio หลายเดือนก่อน

    Ohhhhhh nooooooo

  • @anomaly2990
    @anomaly2990 หลายเดือนก่อน

    Why are you still showing people with masks??

  • @mmmom6469
    @mmmom6469 หลายเดือนก่อน

    All in buy

    • @dr.z3426
      @dr.z3426 วันที่ผ่านมา

      dont worry about BH and Warren Buffett selling off their position due to bad bonds held to maturity to avoid reporting losses....better go all in ....lol

  • @srsssnr
    @srsssnr หลายเดือนก่อน

    Please shorten the length of the video ... too much repetition of the same stuff again and again..... more like a local news coverage...making 3 min news into a 30 min program. Tiring.

  • @dennisniemier3024
    @dennisniemier3024 หลายเดือนก่อน +1

    TRUMP 2024 !