Why More US Banks Could Collapse | Business Insider Explains | Business Insider
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- Опубликовано: 18 май 2024
- Silicon Valley Bank, Signature Bank, and First Republic are among the largest bank failures in US history. But more banks could fail, according to Fed chair Jerome Powell.
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Why More US Banks Could Collapse | Business Insider Explains | Business Insider
If smaller banks invested in crypto they deserve to fail. That is not divesting risk, that is gambling, taking higher risk in hopes of higher return. High tech might not be as risky but certainly not conservative as banks use to be. FIREA really messed up a lot of financial institutions, and this type thing is what regulators were concerned about. Loans to first time restaurants too can be risky as a high percentage fail in the first two years.
Are you saying big banks can invest in crypto?
If commercial real estate is in trouble, it is because commerce is in trouble
If commerce is in trouble, jobs are in trouble
If jobs are in trouble, residential mortgages are in trouble
08 all over again
6:14 Graphics messed up and used a greater-than sign to represent less-than.
🤣🤣🤣🤣🤣
I came to make the same comment! Haha
Thanks for catching! We've updated the video with that fix.
Luckily, I don't have more than $25OK in the bank, so fail away
Let the smaller banks fail then. Interest rates are historically low, only high compared to the past 20 or so years. Banks paid at or close to 0% for years - they should have built some liquidity reserves then instead of leveraging it all.
Raised interest
Raised tariffs
Really taking a toll.
The audio for this video is horrible
as a professional sound designer who works with videos every day, I second your comment.
no lie
Turn up the sound then
You misspelled “financial analysis “
Thanks for the video
Thanks for watching!
yeah that big volcano under yellowstone might erupt any day now too right? slow news-day?
😂
Thanks for sharing this insightful video and summary. It's concerning to hear about the potential risks facing US banks, especially with the high interest rates and challenges smaller banks are facing. It's crucial for consumers to understand how these factors can impact their deposits and the wider economy. Staying informed and ensuring our money is in safe hands is key. Great video by Business Insider!
I went from banking with a traditional bank ( Wells Fargo ) for 15 years to an online bank only ( discover ) since I was already using them for credit card , and I couldn't be happier I get paid 3 days early no fees no nothing and then I opened an account at wealth front where I keep the majority of my money since their yearly rate is 5.0% .... The old traditional banks are going to go out of business if they don't change and get with the times . Like why do I have to pay a bank 15 bucks a month for them to " service my account " foh
I wonder how fintech companies are going to fare?
I had choice to stop using banks back in 2007. My checking, savings, money markets, credit cards and ope with two different small size credit unions,
Experts told us that credit unions do fail, like banks (which are also generally safe) And deposits up to $250,000 at federally insured credit unions are guaranteed, just as they are at banks.
@@HobbyOrganist FACT any bank/ business can feel. Most of it occurs because suckers in charge making bad choice. I dont support the big banks getting bigger with the support of past and present congress, FDIC and throwing the smaller banks under the tables past years. I do support banks that failed get taken over and sold by the FDIC as has been since 2008.
Yeah…community banks don’t have that exposure to CRE.
They showed a Pakistani Allied Bank to be a USA bank. Don't know what was that meant to be, but that is quite a popular bank here in the business community.
2 wordz: *kwedit union*
2 words:
Gold, silver
FDIC yes.
They can only cover 10% of all deposits. Give or take.
@@maattttt07 That's not FDIC, that's capital on-hand.
100% of all deposits up to $250k is covered.
@@redslate yeah Fdic has tens of of billions just lying around JIC, yeahhhhh
@@maattttt07 Do you have an IQ of 85?
You made a false statement, got called out, and then proceeded to speak further on a matter you know nothing about? You need to apologize to your parents for being a complete waste of organic material.
@@maattttt07 You lost the right to speak when you revealed you have no money, no aspirations, and no contributions to society.
free! money
It's not "your" money unless you have it in hand.
It's not really money either as it is a currency. Money by definition must be a store of value.
What a poor understanding of econ. Is shares not your since you do not have them in hand? Imbecille
Uh, no. It's your money so long as it's insured.
Stuffing $250,000 under your mattress because you're irrationally paranoid is a problem waiting to happen.
Actually, as long as FDIC is solvent, which is debatable.
Nothing is actually insured. The only currency with intrinsic value is the work of great young men
Sieze every single asset listed as collateral in all LBOs and auction them
Put proceeds in bank reserve
I did not put money in the banks due to low interest rate then lots of requerments
Thumbnail: "banks are failing, is your money safe?"
I got news for you hun, unless you're a cartoon character the answer was always no, and will always be no. The government will have your cash one way or another. They aren't opposed to using force to get it either.
Why open an account with a small bank
I'll put mine under my mattress.
None of the assets listed as collateral are owned by anyone
This is why we shouldn't have or have a limited world economy. The world was MUCH better of before we got ourselves into this mess.
We got issues right now I hear on the streets.... ATM's not working or something wrong with ACH. Has has the Kremlin Gremlin been extra busy? My poor bank staff was nervous AS ALL GET OUT. They deflected by redoing my cards in house. That was a nice touch even though I don't think they were the issue and the chips/magnets were not worn out.
While banks aren't my concern, I hope Charles Schwab doesn't go under. I like the website and interface when dealing with the brokerage.
Only do business with banks that are conservative. If theres anything we learned from financial crisis of 2008 is banks that knowingly deal in/with creative financial products/services/instruments i.e CDOs and now it looks like crypto, will eventually be left holding the hot potato. And the taxpayer will be left holding the bag again because congress.
Look at synapse and evolve and the fintechs involved with that, absolute mess.
Not the trump ad before this😭
Why don't you use an ad blocker? Or a brave browser?
The feds…smh
bitcoin
bitconnect
Already collapsed , announcements only ruined confidence , better to sweep it under the carpets.
we have regulators ! somehow 34 trillion in debt too
Could collapse?
Little know fact, In 2008 China saved us by buying 1.2 TN$s of US Gov. bonds. Wonder if they'd be willing to do the same again!
At that rate, China will own US
Build back better
😮
Nothing seems to be safe in this time and age. anymore. Even savings too. The greedy US hegemony is the root cause of all the misery and pain.
Greattt
🇨🇦 banks be like : 😤
its not a good idea to trust governments and corporations.
I trust Pfizer as their products are safe and effective.
Exactly my thought. Sad how people mostly miss out the second (in US) or the first (in Europe) thing. Both of them do harm and theoretically/on paper aren’t that different. (Think about that - a huge corporation is nothing else than an authorian government.
What could possibly go wrong?
She said absolutely nothing meaningful about securing wealth.
Not another face plant video!
When there is no cash, there won’t be any more old people or women pretty soonafter
why? your bitcoin, artificial intelligence, factory automation, advanced technology, and these women who have been convinced that if they act like men then their life gets perfect
Cutie 😊
Preserve your wealth with REAL currency/assets like GOLD & SILVER.
Dear Buisness Insider
Your money is safe. I can assure you
HAHAHA! Wow nice censorship on ya! And with that I'll unsubscribe!
USA ecenomy is doing ok, they need you accounts under 55 from Australia, and why does USA party's so much i wonder in While in Australia.
Amali
Victoria
No. Buy Bitcoin🧡
Buy Bitcoin.
This is a sign of a stringer future. Unlike 2008, this is controlled.. if the Feds see a problem, they lower rates ASAP. All this is doing is clearing banks that were greedy and taking on more than their reserve requirements. The big banks are becoming stronger when interest rates drop (inevitably)
Because Capitalism. LOL
So many banks in USA.. so mind blowing
We only have 3 local banks in Singapore..
If you really believe your cash is safer in the hands of others ! Then that’s just your belief 😂
It is when it's insured...
What a banana republic is the Us
The report forgets to tell you that whats happens if FDIC fails.... or the currency is crashing.
Not going to happen,but if it did the entire economy would collapse anyway and ypu'd have LOT more to worry about than your cash in the bank-it could become worthless overnight. Germany had that happen in WWII,a dog breeder who wrote a book I have described how she refused to sell a valuable stud dog to an AMerican doctor but as times got very difficult and the army confisted the wheels off her car and she resorted to buying people's unwanted pets to feed her dogs,she agreed to sell the dog for anamount I forget now, lets say 10,000 German Marks which she said would be enough to buy another car with.
By the time the money which had been wired in the morning had been received that afternoon,it's value had dropped so far it was only enough to buy a HAT she saw in the store window.People filled wheelbarrows with Deutche Marks to buy anything because it became almost worthless.
@@HobbyOrganist well, back then they were fighting with Russia over control of Ukraine. Things are much different now.
Try again FSB.
Bidenomics. Vote Biden and these democrats out of office.
Banks are safe and effective, safe and effective and safe and effective.
I should get 2,3,4,5 accounts
@@maattttt07 Do you not already?
@@redslate never kid
@@maattttt07 Hold on...
You have a _single_ bank account,
and you're going around calling anyone w/ more than a quarter Mil "kids???"
@@maattttt07One account?
What does that make you? An abor ed fetus? 😱
Crap video for the conservative conspiracy nuts.
No your money is not safe in a bank or other peoples pockets.
To clarify, building an economy on debt will never work. Whether it’s an insurance company or a bank or stock market. You simply cannot build a system on debt without earning ( paying) the original debt. America is a perfect example of this. 85 trillion in debt. They can not make that kind of money, unless they do something very radical. One thing close totally their arms. And the rest is history.
This video is terrible
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Patricia Spears, her profit is great even when there's a dip
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing
You don't need to be shocked haha because I'm also a huge beneficiary of her
Never store big amounts of money in a currency…
Especially the US Dollar.
Use gold, silver, bitcoins whatever, but don’t store your money in a currency the value of which is tied to the geopolitical situation and current politics of a country, has no limit/ can be printed indefinitely (what is done to fe let debt appear smaller etc.)
Every one use what criminals use thanks bi
As the World Reserve Currency, your money is _pretty_ Fn safe in USD.
You never want to have more than 15% of your assets in precious metals. The Logistics alone are unnerving.
@@redslate But for how long? Also haven’t you seen how inflation has fucked it up.
@@swideru7469 At least another century or more...
Inflation bleeds off into the rest of the world's markets. It actually affects the US less.
Exactly why bitcoin should be primary currency
Because criminals needed to launder money
OBVIOUSLY US CANT EVEN PAY THEIR DEBTS HAHAHA!
Buy bitcoin