More Bank Bailouts on the Horizon? Credit Defaults Rising and Banks KEEP LENDING!
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- Опубликовано: 8 май 2024
- Are Banks evil? Is predator lending still happening today? Interview with John Maxwell.
#bankingnews #mortgagenews #housingmarketnews
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This guy's take on banks is so cringe he sounds like he'd scam you out of your life savings & find a way to make it your fault for his decisions 🤡🌍🙄
I wouldn't let this guy be in charge of my house hold. He would just print more money. This too big to fail policy is going to destroy this country. We have scary uneducated people running this country.
We "HAD" uneducated/criminal people running this country.
Thomas Sowel wrote "The Intelectuals" & now they think they know better than anyone lol
Mr Maxwell is the face of the abhorrent greed pervasive within our financial system. When you picture what individuals are rubbing their hands together trying to extract every penny of value from everyday people, picture this man.
I love your interviews, but this guest is either naive or a propagandist. He has a wonderful grasp of history so there really is no excuse for his attitude of acceptance toward these banksters.
Great interview Todd! I love the history of the giants of our country.
Of course this guy lives in Portland.
I don’t think John can have empathy for people less successful than him. That’s the vibe I get.
Spot on! Anyone productive to the economy think the same.
In other words =A Narcissist🎉
@@susanrocksvold534 - maybe - or just the standard _illiberal intellectuals._
Todd thanks for inviting your guest, Mr. John Maxwell. With much due respect, John promotes a predatorial capitalistic viewpoint. In fact, your guest boasts about Bank predatory lending and the United States should continue to support these banks' bottom line of easy money on ZERO PERCENT INTEREST RATES for the Banks, at the same time, allowing Banks to lend out at unprecedented INTEREST RATES that have crippled the U.S. economy with growing inflation and increasing personal debt loads along with a host of other problems which you mention on your show that will only lead to the collapse of the U.S. economy and the downfall of the USD global reserve status. This guy is in LA...LA...LAND!
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I still enjoy your shows!
I absolutely agree.
@@rheath3313 It is actually much worse than that. It may be the entire financial services sector. I am thinking the liar at the insurance company Claims department that tells you they aren't going to pay your claim for a reason that they can not find in the contract. We have insurance fraud, but what about insurer fraud? Todd admits that their are too many real estate agents who either are uninformed or do not care about any of the regulations or clients, it is their own hobby. Why doesn't the NAR clean house on these mediocre or bad agents? Who cares about E&O insurance for agents which is rarely paid, I want perp walks for crooked agents, just like any other crimes. Banks? Where are the honest ones? I have max deposits in several different banks and get paid almost zero interest while they are sticking low fixed income folks with usurious interest rates AND junk fees for consumer debt. Maybe they need to eat less? We need to cap interest on mortgage and consumer debt. I found that when I see a person from the financial services sector smiling I am reminded on the smiling of sharks, alligators and rattle snakes. A pit of VIPERS. Tell me I am wrong! Lets get back to currency instead of plastic and fake fiat currency computer entries! $100 cheeseburgers will be here soon. Do you want cheese with that burger $20/slice? Capitalism is supposed to be about RESPONSIBILITY not cronyism with government buddies.
I try to find John Maxwell but RUclips showing me another person . How to find this guy ?
Hi Todd, I’ve been watching your channel for a while now, and you have become one of my favorite voices.
I’m a fellow contractor and a real estate lover in Texas. I’m young but I’ve done a lot in my life because of many of the core principles you espouse
The love that you have for truth and for our betterment as people is evident in the work you do, and I have tremendous respect for that. We have to stick together with good people in these times. We must build up one another in strength of character, in love for truth, and in fierce opposition to the evil which surrounds us.
Id love to buy you a beer one day
Keep this guy coming back, he is one of my favorite. He is really smart.
Oh no, not this narcissistic putz again!
I don't think he can give a honest answer
Oh yeah I remember this guy he said the economy was wonderful and everything was great period And it sums it up when you say oh your lovely home in Portland Oregon that's a blue state where the people are delusional
Todd, you and your guests consistently raise my level of understanding of real estate and the economy and all of the adjoining features of life. Thank you so much!❣️
Has anyone ever really trusted Bankers
Hell no😂😂😂
Interviewee John MAXFIELD. Great interview with a bank historian.
money isnt evil, it's love of money that is evil. be like the wise manager
Great great interview Todd you are a very good interviewer and you find amazing guests.
Excellent interview, I really appreciate you guys revealing some of the reasons and logic behind the Federal Reserve. Also it was great to hear about some of the honorable men in our country’s banking history.
Excellent interview!
Really enjoyed the knowledge from you both and the discussions. Thank you!
Absolutely wonderful. Great guys. Brilliant. Thank you.
I say it for you todd, the financial system is the head of the snake, all evil revolve arou them 😂
Remember everyone, if you wand eConOMic prOspEriTy, you need to let bankers continue to be corrupt and get bailed out by your great great great grandkids' taxes.
Best podcast about banks I've ever watched.
G Edward Griffin. Red Pill University.
Great interview 👍!
This was my favorite interview with you and this guy out of the ones you did. Some great info and ideas gone over. :)
How does a bank go bust? They hand out money at interest that devalues the currency at about 90+ percent the face value? You telling me the institutional beneficiaries of this scheme can't ensure and insure their mechanisms are "taken care of" (...in a non-Caponian sense of those words). Notice: Mort-gauge's. Mort, as in mortician, or mortuary, They are guaged to endebt/indebt until death. Not a nice sentiment from the etymology.
Captivating interview ❤
Thanks for educating us on the economy.
Switch all your credit cards to paper mail. You can have an +800 credit score and +30% as an interest rate. Usury.
Government legalized criminal banking. It’s designed keep people paying property and sales tax. Most government jobs have pensions, health care for life. They will do anything to keep it going as they get the benefits that most private sector jobs don’t.
Love the story from E.V. Hill and Promise Keepers Men's conference. It was an amazing event. Gives me goose bumps thinking about listening to the radio broadcast. Thank you for taking us back to that moment sir!
Banks should not be allowed to borrow money, if they fail to grow the money, that's their end
The Great Taking is here!
That’s scary!
Wow!! Todd! That’s the best answer to that question.
Wow! Great interview and interesting ending. Thank you both.
One of the best, most educational podcasts I’ve ever heard. I would have to read many books to learn what you have conveyed about banking history. And ending with what you learned from Promise Keepers was a beautiful, life changing cherry on the sundae. I subscribed.
Outstanding show!
The Bank of Charleston survived the Civil War to this day. There were a few SC banks that survived into the 1870s, but the Bank of Charleston is now part of Wells Fargo via their Wachivia purchase. The Bank of Charleston was National Bank Charter 2044.
we know more bankbailouts are coming. the cost of these bailout while it will not have a huge effect in the short run, these bailouts will hurt the dollar as a world reserve currancy in the long run.
My grandfather was a postman. My great grandfather on my moms side was a horse hair plaster, his father I not sure what he did.. great show!
I’m not a godlike figure? You got that right !!LMAO!
😂🤣😂
This is second time o hear it. Over all it was a good discussion. I love your show.
I have no idea why but I really fucking like this guy, good vibes, very helpful.
Always good to have a variety of opinions and ideas
Good interview I like this one. This time he had a different demeanor than the last time it seems like he had an Awakening of some sort maybe something life changing where he is calmer
Great interview !
I can’t feel bad for people over 250k in a bank. They should be smart enough to diversify and be able to survive a couple weeks without that bank cash.
Agreed. It's so frustrating that the depositors at SVB and the other banks that recently failed were bailed out.
I agree. Anyone with over 250 k in the bank should not be protected.
@@erickanterwhy? I’m a blue collar working man and will be getting a very large check pretty soon from an insurance pay out. I don’t really know what exactly to do with the $. Gonna spread some of it into different accounts, buy gold and silver and invest some. But the only thing i trust is the metals. But to assume anyone with that amount of money shouldn’t be protected is foolish.
@@ironsurvival7011 I said for a few weeks. I don’t have the time stamp but Todd was talked about the panic someone would feel not being able to access their money while the other bank was taking them over.
Sounds like you have a good plan to diversify!
Thank you.
Real estate prices are inflated due to expansion of monetary supply via govt deficit spending. It takes more dollars to buy the same house as the value of each dollar has deminished. Only way to reverse is a monetary contraction (recession or worse)
Todd your guest is BSing you. You need to talk to Dr. Kirk Elliot and have him on.
I second this
I can’t believe Maxwell did not know the answer to the question …..if he and his wife have an account is it insured for 250,000 or 500,000. He should’ve known the answers per account. Unbelievable this specialist does not know the answer to that question.
Seems like this is a fan boy of banking cartels. Same cartels that helped assassinate United States President John F. Kennedy. The nobility are the occult banking cartels!
Its $500K, I will give him a pass on that answer. You must remember FDIC changes their guidelines & they do it quietly. The FDIC insured amount use to be per account, they quietly changed it to per person.
That's kind of fine print stuff that changes. You got to have a lot of money to worry about that kind of thing and I don't think this guy's a financial advisor that can just know everything on top of his head But I guarantee you if you gave him time he can figure it out. You can't know everything and every policy at all times.
@@Mr8675309ful they must’ve done it very quietly, but wrong is wrong sorry
Legally he can’t be giving financial advice. It would be a liability nightmare.
Remember the last video where he said he couldn't say some things? Feels like he's implying that we're in the least worst scenario. The real question is, for whom & to what ends.
I forgot he was on before. I couldn’t listen to him then and now he annoys me more 2.0
If you are in the top 1%, there wont be a worst case scenario, but for everyone else it WILL be the worst.
What about the new program where Fanny May is insuring second mortgages it’s a $1 trillion-$2 trillion change
I believe this is in talks and not for sure.
Indeed, life is short and every hour a blessing.
amen
Any analyst who calls it Sillicone Valley Bank gets turned off.
Exceptional, inspirational, as always
Best way to pay zero interest rates on a cc, is don't get one.
Great wisdom 👏
Over the past year, the debt has increased by nearly $8.5 billion per day, a pace that poses significant risks to the nation's economic stability. As of March 18, 2024, the total national debt stands at $34,551,363,248,839.89
I wonder did Todd take his friend a bag of Sach nuts
It all makes me ill. And my degree was in finance
Did school teach you about real life finance?
If you can't Define what you do then you have something to hide
I remember Grarid bank in Philadelphia closed in late 80s
Evil! All way….
'SNIFFY " !! Just "SOCKS" ! No sneakers?
Sniff is doing a reverse Don Johnson vibe.
Credit is just an excuse to be charged more and price gouged. Remove the ability to finance, than prices would be forced down.
The business of America is business and you need banks to help run your business. It is hard to grow a business if you have to barter for everything. You need banks to put liquidity into the system just like you need grease for wheels to turn. Without the liquidity everything slows down.
The business of America is war. It's the most profitable type of business. Check out the military spending budget.
@@DubDigital I would say the biggest business is social security, check the spending on that
@@hitthemark3569 Why?... it's underfunded. War increases sparks the economy (that's why we are always in one). Social security drains it.
Banks are the bad you can’t do without.
How much money is printed each day? The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $541 million.
Thank you
Todd, that question, What did your great grandfather do?, is a nonsense question because everyone has four great grandfathers. Thus, tracking what our great grandfathers did for a living is four times more difficult than tracking what our father for a living. I think this problem is compounded by the variability in human lifespans, the literacy of our family members at various points in time, and the mobility of our families.
Great job! I am learning how difficult it is to do what you do as a content creator. I am in the process of starting my own channel and I appreciate and learn from you. Thank you for all you do!
The truth is the disaster cycle is coming and they know there are no long term reprocussions
Banks are great, just make sure you never need one.
Yeah, Sniff!
& where were you, TUESDAY, Young Lady?
@@charletonzimmerman4205 Hi! In Reno litigating against deceased ex.
@@charletonzimmerman4205 Judge was drunk🤣Welcome to NV! Judge started drug court.
You should interview Prof Barth from ASU
I think that banks start off with the intention of doing good, just like a doctor or lawyer or trades person starts off with the intention of doing good and being of service. But because of the world we live in, all too often reality all too soon drives a different narrative with people (and businesses, because after all, businesses are run by people) and many times their motivations change from doing good to chasing money, power, or whatever their idea of success is. And it is only a rare minority that stay true to their original purpose.
Rich people get rich. Poor people get poorer.
What might this country look like with no federal reserve?
The Federal Reserve Act wasn't a solution/fix response to the panic. The Federal Reserve was created so a handful if the workds wealthiest men could control the nations money.
I agree with the comments. This guy is ought there. Not for the people.
Any MLO's here that have seen a 40 year note on a loan modification 🤔I met with a widow recently & all I could say was damn how did one of the "Big Banks" do that to this family 😕
44:40 famous las words before the collapse of a mayor bank.
I thought FDIC specified per account type…
Long live the memory of the Great Banker Charles Ponzi! The man how created debt for own winning a school we all love easy to understand and lovly to live in if you on the right side of one procentsers!
Hoodie guy, that is
Securitization of the 2nd mortgage.
The banks are evil, but they don't realize how evil they really are.
People rarely cast themselves as the villains of their own story. That is why regulation is needed. By independent authorities without conflicts- especially financial.
This was r e a l l y good!
That one gave me goosebumps
Bailouts and bonuses.
I think we need glass stegal back and sound money again
Wait until they start bailing IN. THEN YOU ARE IN YROUBLE
JPM was probably outed for 'Taking Ill' just before the Titan/Olympic trip...
Gerald celente has already called this one month's ago.... Tony cuenca
Banking terriosm is a accurate description for these domestic terriost....
Well this sounds familiar 👀