Why Banks Are Getting Worried
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Top Comments (10)
Some of these banks need to feel the pain of their poor loan practices.
Thanks for all you do Jaspreet!
Register for my free Investor Summit (August 14 & 15): https://briefs.co/investor-summit Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/b89464 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
You have just outlined exactly why having debt is dumb as shit
Banks are not set up to absorb losses when buildings sell at auction for a 90%+ discount. Commercial loans require 20% down and are supposed to be near zero risk to the banks. They do not hedge for a near total loss.
This has been known for quite a while. The Fed knows what they are doing. Whatever they say to the public has nothing to do with their strategic plans. You can assume anything that happens is on purpose
Same happened in Lehman brothers collapse in 2008 , people stopped paying their debts bcoz the housing prices had crashed , resulted in huge undervalued homes in their inventory , Non performing loans
Oh Darn!! Poor banks. They've been greedy for years!!
I haven't visited your channel in a while, I now remember I'm missing out, great job explaining things boss
The issue is that much of that money actually comes from pensions and at the end once investors stop paying, the people who were ready to retire will instead be left holding an empty bag.
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Top Comments (10)
Some of these banks need to feel the pain of their poor loan practices.
Thanks for all you do Jaspreet!
Register for my free Investor Summit (August 14 & 15): https://briefs.co/investor-summit Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/b89464 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
You have just outlined exactly why having debt is dumb as shit
Banks are not set up to absorb losses when buildings sell at auction for a 90%+ discount. Commercial loans require 20% down and are supposed to be near zero risk to the banks. They do not hedge for a near total loss.
This has been known for quite a while. The Fed knows what they are doing. Whatever they say to the public has nothing to do with their strategic plans. You can assume anything that happens is on purpose
Same happened in Lehman brothers collapse in 2008 , people stopped paying their debts bcoz the housing prices had crashed , resulted in huge undervalued homes in their inventory , Non performing loans
Oh Darn!! Poor banks. They've been greedy for years!!
I haven't visited your channel in a while, I now remember I'm missing out, great job explaining things boss
The issue is that much of that money actually comes from pensions and at the end once investors stop paying, the people who were ready to retire will instead be left holding an empty bag.