15 Things You Didn't Know About The Banking Industry

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  • Опубликовано: 6 сен 2024

Комментарии • 373

  • @alux
    @alux  6 лет назад +27

    Hey Aluxers, what industry should we do next?
    Make sure to join www.alux.com
    15 Things About The Rothschild Family: ruclips.net/video/Z02QfS1TFaE/видео.html

    • @marcelosantana9311
      @marcelosantana9311 6 лет назад +4

      Alux.com 1 about Real Estate industry. 2. Insurance industry 3. Space Industry 4. Gun and Weapon industry 5. Solar industry 6. Shoes industry

    • @robertleejameswelch8383
      @robertleejameswelch8383 6 лет назад

      Did you do the Airline industry?

    • @jeremysmith54565
      @jeremysmith54565 6 лет назад

      HSBC here was originally Midland, they bought out them a fair few decades ago, it's based in China if I rememeber correctly is HSBC it stands for Hongkong and Shanghai Banking Corporation

    • @deepeshjain8175
      @deepeshjain8175 6 лет назад +1

      All these videos are very helpfull....but if you can provide about Agriculture Industry ,I'll be very thankfull.

    • @nef0066
      @nef0066 6 лет назад

      The Property and Casualty Insurance Industry

  • @edgeruiz2357
    @edgeruiz2357 4 года назад +7

    Rothschild : Richest Family in History
    Mansa Musa : Hold my camel.

  • @ryantitn
    @ryantitn 6 лет назад +56

    Most of these were not actually things we didn’t know about banks. It were just facts that were related to banks. I thought they’ll mention something about forex trading, how every bank has forex traders. It didn’t explain why banks are so huge the way they are. But anyways, nice video!

    • @user-mi6ll4bx4y
      @user-mi6ll4bx4y 6 лет назад +1

      Ryan Maduabum agree.

    • @amvkarthik
      @amvkarthik 5 лет назад

      Banks are huge because of fractional reserves. They can literally create wealth out of peoples trust.

    • @Davanillaguerrilla
      @Davanillaguerrilla 5 лет назад

      @@amvkarthik out of their ignorance too

    • @davidcarl7812
      @davidcarl7812 3 года назад

      I no more buy the idea of keeping my money in the bank because I'm making them rich instead of multiplying it, I invest in crypto now and I can testify how much I make every month .

  • @Rin-le7cx
    @Rin-le7cx 6 лет назад +28

    You deposit ur money and they use that money as loan with very high interest. Very sneaky to me. 😂

    • @factisstrangerthanfiction7179
      @factisstrangerthanfiction7179 6 лет назад +3

      karin Fractional reserve banking.

    • @Rin-le7cx
      @Rin-le7cx 6 лет назад +3

      M-S-M EzeE its helps the economy I understant. But the interest so high. Maybe depends which country u are from.

    • @JammManagementColumbus
      @JammManagementColumbus 6 лет назад

      karin Pass laws that no Commercial bank can hold a depositers money for less than 10 percent! That'll shake things up. Rally and campaign for it.

    • @therealnoodles7638
      @therealnoodles7638 5 лет назад +2

      No they do not. They loan out their own IOU's which is created from thin air, not from you. They do not lend out your money. What they actually do with your deposit is that they might buy government bond with it, because it earns higher interest than just by holding your deposit. If they held your deposit, they wouldn't make money. Don't believe me? Read *Money* *Creation* *In* *The* *Modern* *Economy* by the *Bank* *Of* *England* , Fractional reserve banking does not exist in this system.

    • @cancelled_user
      @cancelled_user 4 года назад

      @@Rin-le7cx Interest usually depends on the 'base rate' of the central bank, and also on every individual's credit history (good history of paying off debt = lower risk, thus lower interest... and vice versa).

  • @lorenzolouis7148
    @lorenzolouis7148 6 лет назад +44

    #17, they are actually the biggest gangsters.

  • @nikitazaika9889
    @nikitazaika9889 6 лет назад +3

    Great videos, have watched every single one and they're all great

  • @WealthbuilderzTV
    @WealthbuilderzTV 6 лет назад +3

    #4 was very interesting. This whole video is very interesting. Money always will and forever peeque my interest.

    • @alux
      @alux  6 лет назад +2

      Happy to hear you find it valuable :)

    • @geocyo8835
      @geocyo8835 6 лет назад

      Wealthbuilderz TV "pique" ☺

  • @conradbo1
    @conradbo1 6 лет назад +2

    Thank you for the upload. Interesting video about the banking industry.

    • @alux
      @alux  6 лет назад

      Our pleasure Conrad :)

  • @elliygxoxo
    @elliygxoxo 6 лет назад +28

    I now work for a bank 😂 these things are true

  • @JammManagementColumbus
    @JammManagementColumbus 6 лет назад +3

    This should be taught in elementary school level students in the U.S., public of course.

    • @ButWhyMe...
      @ButWhyMe... Год назад

      It won't be because banks lobbies against its - and even if they don't, it benefits them that youths, the future generation, are kept ignorant for the scams.

  • @AnaHecSepulveda
    @AnaHecSepulveda 4 года назад +2

    Being from Puerto Rico it really surprised me to find out that it is/was a tax haven. Funny since we left the island because my family didn’t have money. My dad took a job where his flight and housing was paid for and then when he saved money he sent for us (almost 20 years ago). My parents are there right now and they tend to travel back every year to visit family.

    • @AnaHecSepulveda
      @AnaHecSepulveda 2 года назад

      @@chuckscott4661 west part of the island

    • @AnaHecSepulveda
      @AnaHecSepulveda 2 года назад

      @@chuckscott4661 check out ruclips.net/user/TongoPR
      He has awesome videos from the island. Beautiful places to visit. You could probably even schedule an awesome tour with him.

  • @stevenmweti7209
    @stevenmweti7209 5 лет назад +4

    Please can you make a video about how accountants can become millionaires .

    • @lesliedoh267
      @lesliedoh267 4 года назад

      Yes or 15 things you didn't know aboutthe accounting industry

  • @gopal.
    @gopal. 6 лет назад +9

    Alux why don’t you make a video on Agro based industry we want to know about them

  • @alexandert696
    @alexandert696 5 лет назад +2

    You give them your money for keeping
    They loan it and make interest they get keep
    If they go bankrupt you pay for them to survive
    How is this not a scam ?

  • @harshrakholiya4304
    @harshrakholiya4304 6 лет назад +4

    Yes, I am a student and I have been part of Ponzi scheme, and I lost so much money in it. I recommend not to do it.

  • @luvfitall
    @luvfitall 6 лет назад +6

    I just want to say I love your channel SO much!!!

  • @alanhowitzer
    @alanhowitzer 6 лет назад +2

    How about a video about the Federal Reserve and fractional reserve loans backed by the government?

  • @louisludovicowrightuko5474
    @louisludovicowrightuko5474 Год назад

    You need to make a video about how a Bank Operates

  • @victorvalderrama9941
    @victorvalderrama9941 3 года назад +1

    15 things about the trading industry.

  • @ResurgenceofFreemasonry
    @ResurgenceofFreemasonry 5 лет назад +1

    About your Point #2: You stated that 'countries that are tax havens include Puerto Rico ....' As it happens, Puerto Rico is a territory of the United States, and all U.S. federal banking laws apply in Puerto Rico. Puerto Rico does not allow you to hide money from the U.S. federal government like Malta.

  • @lindabyrne5692
    @lindabyrne5692 5 лет назад +1

    Yes. Real Estate.

  • @conceptafelix2769
    @conceptafelix2769 5 лет назад +1

    Agricultural Industry please, present with something about it, post harvest Technologies and such stuffs

  • @yozzur
    @yozzur 4 года назад +1

    We are in 2020 and no financial crises happen

  • @ashishdeshmane7645
    @ashishdeshmane7645 3 года назад +1

    Us banks are regulated
    2008 -
    Right

  • @nataliewhite2127
    @nataliewhite2127 6 лет назад +5

    Wow this video makes my day

  • @ManojMoradiya
    @ManojMoradiya 6 лет назад +1

    Nice and informative

  • @taguroetits8743
    @taguroetits8743 3 года назад +1

    ponzi scheme no,but bank scheme yeah they send credit card to your house without requesting it and your family will surely not reject it , its like a green pass for shopping rampage

  • @danicegewiss862
    @danicegewiss862 5 лет назад +3

    Puerto Rico isn't another country. It's part of the United States. We own it.

  • @timmyb4164
    @timmyb4164 6 лет назад +1

    Belgium isn’t a tax heaven, you pay here almost the most taxes of the whole world

  • @imlucaskong
    @imlucaskong 2 года назад +1

    HSBC = The HongKong and Shanghai Banking Corporation

  • @malicapiekarz2752
    @malicapiekarz2752 6 лет назад +2

    Wow! I just opened my second business account through Wells Fargo yesterday. What a coincidence. I am very satisfied with their service though despite their reputation. I still trust them with my money.

  • @marcelosantana9311
    @marcelosantana9311 6 лет назад +2

    Great video!👍

    • @alux
      @alux  6 лет назад

      Damn right it is.

  • @1010orlo
    @1010orlo 6 лет назад +3

    Great video, just one thing. The correct word to use to describe a person from COLOMBIA is Colombian not Columbian. being honest as a Colombian it feels bad that even people like you guys that work hard in your videos make this mistake.

  • @aj9dj9
    @aj9dj9 6 лет назад +1

    Loved 16 please do Faberge ,Jewellery,Real estate industry

    • @aj9dj9
      @aj9dj9 6 лет назад

      How do the Italians keep off the rats in that cheese bank lol just curious 😋

  • @deepeshjain8175
    @deepeshjain8175 6 лет назад +2

    Agriculture Industry plz

  • @marshacreary2442
    @marshacreary2442 6 лет назад

    Very Informative

  • @sudevvs1004
    @sudevvs1004 4 года назад

    Do a video on insurance industry

  • @lindanorris3226
    @lindanorris3226 5 лет назад

    THANK YOU SO MUCH FOR SHARING 🖊🌎

  • @kepstein8888
    @kepstein8888 5 лет назад +1

    Starts at 2:00

  • @alidinojatoi2075
    @alidinojatoi2075 4 года назад

    Best video, but if you also discuss about highest paying interest banks to thier account holders in the world.

  • @jjkhmiami2937
    @jjkhmiami2937 6 лет назад

    Colombian from COLOMBIA is the right name of the Country in SW corner of SouthAmerica....!!!

  • @cjmp200
    @cjmp200 6 лет назад +2

    Please do the fashion industry.

  • @cedricsmith8188
    @cedricsmith8188 5 лет назад

    Thank you Alux, your welcome.

  • @shinchannohara2924
    @shinchannohara2924 4 года назад

    Everyone is gangsta until a banksta walks in.

  • @finn.n3700
    @finn.n3700 4 года назад

    Very interesting video!!

  • @sahafmostafa7323
    @sahafmostafa7323 6 лет назад +3

    this is something I wanted to know.

  • @jyotiraditya.patil16
    @jyotiraditya.patil16 4 года назад +3

    8:25 12M or 20M ? 🖊️ 😂

  • @montavio
    @montavio 6 лет назад

    Real estate and multi level marketing industry

  • @mrliamalan
    @mrliamalan 2 года назад

    Is the Federal Reserve sustainable?
    1996-2008: GDP ↑45%, Monetary Base ↑46%
    2008-2020: GDP ↑32%, Monetary Base ↑600%
    Prior to 2008, the Monetary Base and the GDP were 98% correlated reflecting the reciprocal relationship of money and economic expansion.
    Can the current rate of monetary expansion without corresponding GDP growth continue without consequence?
    *Bloomberg sued The Federal Reserve in 2011 and uncovered a $7.7T secret bank bailout not represented here.

  • @chokemebloo
    @chokemebloo 3 года назад

    No, it's not "a.k.a" Parmigiano-Reggiano and normal Parmesan are not the same cheese. Parmigiano-Reggiano can ONLY be made in Italy under certain conditions, while Parmesan can be made anywhere in the World.

  • @liger20bassa52
    @liger20bassa52 6 лет назад +1

    There a difference between working hard and having a ligit bank account or robbing a bank 😃

  • @xyrkiejohn26
    @xyrkiejohn26 4 года назад +1

    I get the fees back from my bank. NFCU and USAA do this to its members.

  • @kiffenenrichmenttools2042
    @kiffenenrichmenttools2042 6 лет назад +2

    We don't even consider Puerto Rico part of the country anymore? SMH

    • @kobiesboxing4956
      @kobiesboxing4956 4 года назад

      Peurto Rico isn't an American state. It's more like a United States possession. I mean there's a reason why Peurto Ricans can't vote in US elections.

  • @hypermerc3961
    @hypermerc3961 6 лет назад +1

    No way! I ain't that lucky and I won't even try. Banking is not a problem but Privelaged banking is an issue. Even after paying a hefty fee for it, not every branches of the bank will treat you with serenity worldwide. Alux, can you please stop this background music.

  • @almeidaoduorokoth1221
    @almeidaoduorokoth1221 5 лет назад +1

    insurance

  • @esgtbenin8775
    @esgtbenin8775 4 года назад

    Alux! I will love if you can write talk about insurance company.

    • @sammichael8916
      @sammichael8916 3 года назад

      Earn money from ultimatetoolshackers,com I just received 5000euros from them

  • @sanjaydeovrat
    @sanjaydeovrat 6 лет назад

    I expected alux would tell how one could use banking industry intelligently in the journey of getting rich.

    • @alux
      @alux  6 лет назад +1

      We're saving that for a future video.

  • @davicacoutou6271
    @davicacoutou6271 3 года назад

    Hey alux can you make a video step by step how a low income person can start to invest .where and how to go about it.

  • @nycto16
    @nycto16 3 года назад +1

    As a Banking and Finance student, this was interesting.

    • @nycto16
      @nycto16 2 года назад

      @@chuckscott4661 Yes I will :)

    • @nycto16
      @nycto16 2 года назад

      @@chuckscott4661 Investment banking but I know it is too much hard to get into otherwise corporate or digital banking/fintech also attracts me.

    • @nycto16
      @nycto16 2 года назад

      @@chuckscott4661 Sure sure why not! I don't have any plan to start my own company but at some point I'm really interested in making a fashion brand or my own VC firm!

    • @nycto16
      @nycto16 2 года назад

      @@chuckscott4661 Like clothing brand (more specifically vintage, royal) or maybe bags/shoes.

    • @nycto16
      @nycto16 2 года назад

      @@chuckscott4661 Thanks!
      No, I'm from Karachi...

  • @Ziploc530
    @Ziploc530 4 года назад

    I work in a bank this was absolutely eye opening on things I never knew

    • @dot0422
      @dot0422 3 года назад +2

      Pay attention more when you are working in your bank. Start writing a journal then do a blog and get paid for it.

    • @Ziploc530
      @Ziploc530 3 года назад +1

      @@dot0422 thank you

    • @chuckscott4661
      @chuckscott4661 2 года назад

      @DC. Do you work for a bank?

  • @loveja1234
    @loveja1234 6 лет назад +5

    Belgium a tax haven? Their highest income tax rate is over 60%

    • @fabianculot3828
      @fabianculot3828 6 лет назад

      Agreed! I may live in the wrong place in my own country to see it ;) This video is full of crap...

    • @jorge-lp2xi
      @jorge-lp2xi 6 лет назад +2

      Belgium is a tax heaven. After seeing your comment i made a little research and the tax rate you describe is the one for a resident with a total taxable net income of +39,660 euros. Now when the video says Belgium is a tax heaven is talking about corporate tax, thats very different than a resident. When it comes to corporate tax belgium is indeed a tax heaven only behind Netherlands in europe which is first thanks to laxative policies when it comes to bussinesses fiscal supervision by the state.

    • @fabianculot3828
      @fabianculot3828 6 лет назад +1

      Your right? I've just find out too. Sadly, I am not corporate... yet ;)

    • @barryetherton4889
      @barryetherton4889 5 лет назад

      Tax Haven is only for Multinationals.

  • @scanialover
    @scanialover 3 года назад

    7:28 TEB is the same as Wells Fargo in Turkey, they both suck, and they also get into scandals

  • @matttejada7381
    @matttejada7381 2 года назад

    This video would've been much better if there's no background music.

  • @stevegorel
    @stevegorel 3 года назад

    Wait Belgium? I live here and it is very strictly regulated. Luxembourg however not. maybe you mixed up BENELUX (belgium netherlands luxembourg) as a border passing union prior to the EU. But each country stil is independant in their national regulations.

  • @ecbmanikandan
    @ecbmanikandan 6 лет назад

    Yes i am into A Ponzi Scheme of Bitcoin When it was 18000$..I Spend 5000$ and when i was About to Release My Bitcoin Account as the Value Dropping down..My Dubai Bank Seized The Exchange for Transaction of Amount..and I Lost a A Huge sum of Amount as the Value dropped Rapidly..and Still i Couldnt Get Recovered From The Loss..😎

  • @alima.9722
    @alima.9722 3 года назад

    It starts in 1:58

  • @andreasschaetze2930
    @andreasschaetze2930 4 года назад

    Blockchain will be in jeopardy when AI and the quantum computer are getting traction

  • @josetrevino1250
    @josetrevino1250 3 года назад

    Or three temples in India the cover in pure gold one of them is worth 2.2 trillion dollars where they get all that gold

  • @tomyt2083
    @tomyt2083 6 лет назад

    Thank You Alux

    • @alux
      @alux  6 лет назад

      You're welcome Thomas :)

  • @wroomauto7615
    @wroomauto7615 5 лет назад +1

    0:18 get informed or get inspired?

  • @dreameryoung38
    @dreameryoung38 4 года назад +1

    Banks suck I got a credit union

  • @abhishekpratapsingh9272
    @abhishekpratapsingh9272 5 лет назад

    this channel is amazing. it is true share market is going to collapse soon ,symptoms can be seen these are bond yeild wich becomes high pe ratio becomes so high oil prices richs at its peak

  • @morningsunshine0216
    @morningsunshine0216 5 лет назад +1

    Can you do a video on credit unions

  • @ShawnCoxshawnisblessed
    @ShawnCoxshawnisblessed 6 лет назад +3

    The industry I work in.

    • @E-utube
      @E-utube 5 лет назад

      Im sure the branch manager appreciates your services :pp

    • @dot0422
      @dot0422 3 года назад

      @@E-utube LMAOOOOO

  • @kiranrana5108
    @kiranrana5108 4 года назад

    What mode is best to get money transferred safely

  • @sosapablo1995
    @sosapablo1995 6 лет назад +1

    3 million dollars at 26 years old damn

  • @madhuramacharya7102
    @madhuramacharya7102 6 лет назад +1

    I want see one video on the modelling industry

    • @alux
      @alux  6 лет назад

      We'll add it to the list.

  • @zachgraybill887
    @zachgraybill887 3 года назад

    never do MLM you will have telemarketers by rush-hour

  • @bhaskarsrivastava7872
    @bhaskarsrivastava7872 6 лет назад +1

    Tomorrow please TOM CRUISE VIDEO man!!!!Thrusday celebrity🙌🏻

    • @alux
      @alux  6 лет назад

      Not Tom Cruise, but someone that comes from the future, more precisely year 2049.

  • @montavio
    @montavio 6 лет назад

    You guys should make a TV show

  • @GiZmo55558
    @GiZmo55558 4 года назад

    Love it. 👍🙂

  • @Scrambled_Eggs69
    @Scrambled_Eggs69 6 лет назад

    Can you make videos about berkshire hathaway?

  • @ShaynePatton
    @ShaynePatton 5 лет назад

    BANKS make 37.164 BILLION / yr in fees alone! That's fucking crazy! Google "how many families are in usa?" & you'll see there are over 126 mil households in usa. FDIC says that the amount of households w/out bank accounts is roughly 7%. So, conservatively figuring 10%, you still have 114 mil households. Assuming 1 bank account per household (though, certainly that's not accurate), & based on the $326/ yr. number in video.

  • @praakharpare2876
    @praakharpare2876 5 лет назад

    Plz make a video on stock exchange industry on industry Wednesday

  • @samuelstroh8631
    @samuelstroh8631 5 лет назад

    Dude, it's COLOMBIA, like COCAINE, ok, you get the point, awesome our COCAINE related history, still, it's Colombia, Columba is a cinematographic company. TY Alux for the video. BTW, greetings from Pablo Escobar City #Medellin.

    • @kobiesboxing4956
      @kobiesboxing4956 4 года назад

      We all know about Medellin. As in Medellin Cartel.

  • @craigmaye3558
    @craigmaye3558 6 лет назад

    Is that Rakim "I want to know whats on your mind" playing in the background??

  • @satish138able
    @satish138able 6 лет назад +1

    Nice video...🤑🤑

    • @alux
      @alux  6 лет назад +1

      Thanks!!

  • @genedewitt3992
    @genedewitt3992 5 лет назад

    Some took money out my account. the put back $100.00 out of $700.00.
    I had to pay $600.00 of the money.

  • @augustineo.6990
    @augustineo.6990 6 лет назад +1

    !5 Things about trading industry

  • @PavanKumar-jo9mp
    @PavanKumar-jo9mp 5 лет назад

    Please make video on stocks

  • @kobiesboxing4956
    @kobiesboxing4956 4 года назад +13

    She pronounced Rothschild like it is spelled like this: Rothsshield.

    • @makavelli7211
      @makavelli7211 4 года назад +2

      That's actually the right way to pronounce it. Roth Schild. Roth means Red, and Schild means Sign or Billboard. Rothschild.

    • @KyrstOak
      @KyrstOak 4 года назад

      @@makavelli7211 What language?

    • @makavelli7211
      @makavelli7211 4 года назад

      @@KyrstOak German.

    • @KyrstOak
      @KyrstOak 4 года назад

      @@makavelli7211 I see.

    • @makavelli7211
      @makavelli7211 4 года назад

      @@KyrstOak A lot of people pronounce it like Roth Child but the Alux lady's pronunciation is a bit more accurate.

  • @locopatadita24
    @locopatadita24 5 лет назад +1

    Video was too light for such a corrupted industry

  • @indrakumar182
    @indrakumar182 6 лет назад +1

    Well...sneaky ! *Sighs*. Very informative though ❤

    • @alux
      @alux  6 лет назад

      Thanks Indra.

  • @vritss
    @vritss 6 лет назад +1

    about nepal

  • @nayanmipun6784
    @nayanmipun6784 4 года назад

    You haven't included the actual storage of money of banks, why do banks collapse and why because of the collapse people loose money in their accounts

  • @annsawyer6121
    @annsawyer6121 5 лет назад

    I have never seen a Ponzi. . . But I know about Fonzi "Aye!"

  • @amalyah46
    @amalyah46 6 лет назад +1

    Medical Insurance industry

  • @lwangadalvin7712
    @lwangadalvin7712 4 года назад

    Banking industry: rich people hide their money in dack places

  • @feddaa65
    @feddaa65 6 лет назад

    Why haven't you done a video about linux software

  • @chuckluvsmusic2much
    @chuckluvsmusic2much 6 лет назад +2

    Ponzi scheme: Bitconnect. I lost $70 🤣🤣🤣🤣🤣