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Why Banks Are Getting Worried

2024-08-08 Education
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Minority Mindset
Minority Mindset
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Register for my free Investor Summit (August 14 & 15): https://briefs.co/investor-summit Subscribe to Market Briefs for FREE and get my daily financial newsletter: https://link.briefs.co/4m1CikG My recommended tools*! *Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube. ---------- ➤ Invest In Stocks Passively 1) 📈 M1 Finance - Buy stocks & ETFs on autopilot: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) 🏠 Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ---------- ➤ Upgrade Your Career 4) 💼 CourseCareers - Get the skills to get a better career: https://coursecareers.com/a/jaspreet ---------- ➤ Buy Gold Passively 5) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- ➤ Business Accounting 6) 💸 CommonWealth - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/yt/accounting ---------- Recommended: The Stock Market Falls Again: What’s Really Happening? https://youtu.be/vTsjJ5ilDpM What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Top Comments (10)

@damian99669 2024-08-08

Some of these banks need to feel the pain of their poor loan practices.

59 7 replies
@nella-po 2024-08-08

Thanks for all you do Jaspreet!

35
@MinorityMindset 2024-08-08

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!

17 1 replies
@jetthelooter 2024-08-08

You have just outlined exactly why having debt is dumb as shit

13
@jonathantaylor6926 2024-08-08

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.

11
@1970broncoman 2024-08-08

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

11
@krinu 2024-08-08

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

7
@myckee 2024-08-08

Oh Darn!! Poor banks. They've been greedy for years!!

4
@jmf1976jmf 2024-08-08

I haven't visited your channel in a while, I now remember I'm missing out, great job explaining things boss

4
@ironvoice5079 2024-08-08

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.

3

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