Banks Are Stashing Cash for a Crisis?

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Published 2024-07-28
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Banks are HOARDING cash and what they’re not telling you! With major players like JP Morgan, Bank of America, and Citigroup stashing away billions, it’s clear they’re bracing for massive losses — but why? I unpack these staggering figures and reveal the unsettling reality behind the banking industry’s cash hoarding frenzy. The big four banks are saving billions of dollars to protect themselves against credit card losses. These numbers are staggering. #BankRun #credit #Banking #Allegedly #corvette #LasVegas #EVBatteryFire #wellsfargo #bankofamerica #citibank #citibank


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Here are the links for the stories mentioned in this video:

share.newsbreak.com/7xjiuvde?s=i16

www.cnbc.com/amp/2024/07/26/pce-inflation-june-202…

www.nbclosangeles.com/news/local/semi-truck-fire-s…

www.cbc.ca/amp/1.7277309

nypost.com/2024/07/26/business/feds-preferred-infl…

nypost.com/2024/07/25/us-news/astronauts-stuck-in-…

www.realtor.com/news/trends/americas-top-housing-m…

nypost.com/2024/07/27/us-news/cleaning-up-queens-p…

t.ly/QYtwh

t.ly/V52xS

t.ly/_p7TG

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All Comments (21)
  • @IAllegedly
    Get Your Gold IRA FREE Investor Guide Today! Click Below! t.ly/Z7yPm Call 888-330-1431 Today!
  • @socorro6476
    It’s awesome feeling to be debt free of worldly debts and things.
  • "Every time you borrow money, you are robbing your future self" .....Nathan Morris
  • If anyone thinks electing another human will fix things they are completly dillusional.
  • @joannie1021
    Debt free 70 yr old, drive a 2010 sedan, live in a thrifty manor, material items are a waste cause I can't take it with me when I cross over. I'm very comfortable 😊
  • Be your own central bank, don't have debt, pay your cc bills off each month, invest wisely and give thanks to God 🙏🙏🙏🙏
  • @Asad-qs4ji
    Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan jane Christy♥️
  • @ronjarman4256
    I had a credit card company just drop my limit to $20k from $50k. They also added a mandatory monthly fee even with a 0 balance which mine is at. Then they bumped rates up to 29.9%. I closed it.
  • Dan, I've been living below my means (by choice) & staying away from anyone who I even remotely think is into the competing/comparing (or keeping up with the Jones's) mindset. It does wonders for everything. Upgrades in Mental, emotional, & physical health all fall into place nicely.
  • Gov, Banks and Inflation, very bad for your health and wellbeing.
  • In the great depression there was 25% unemployment. On the positive note, 75% were employed.
  • The Great Depression was caused by investors buying securities on margin. The banks are doing the same thing with fractional reserve banking where the house of cards fall when a single card is removed. Interesting parallel.
  • Saw a podcast this morning (Cash Jordan) talking about how even the laundromats in NYC are getting raided by the thieves now.
  • What is unsafe is the heat and the people who are in charge of US
  • @Karen-jp1ns
    I live in an upscale neighborhood in Charleston SC. Houses rarely went on the market and usually sold in a day. Now, there are almost a dozen houses on the market, and they're staying on the market. The Realtors are even having Open Houses!
  • @pujabelgian
    I no longer recognise the Canada I grew up in .. the unchecked demise of BCTF is just another nail in the coffin.
  • A customer called and sight unseen wanted a quote on suspension damage to be able to drive again. Have delt with so many people not having money to FIX anything. So living 40 miles round trip, I quoted a LOW LOW price and next thing I hear is I will need to speak with my husband. I started to tell her WHY did you call when I need to speak with the husband who makes decisions. I understand he may be busy and she is calling around for the CHEAP price. SAD that so many people would take and offer $5 less than mine. This economy....BIDEN has created a nightmare and left it with KAMALA to cackle about it.