Today, we share why banks are in massive trouble and what way it means to countries, governments, businesses, and all of us.
In my network of friends/family/colleagues, I’m most often known as ‘The Investment Guy’.
Because of this, I’m often asked about the latest trend in investing, whether would it be years ago, gold and silver, the Greek Crash a couple of years ago, or more recently, weed stocks and cryptocurrency.
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Today, I want to tell you something I warned about months ago that would happen if the coronavirus pandemic and mass unemployment continued, Why Banks Are In Massive Trouble.
Let’s get to it
Why Banks Are In Massive Trouble
Here are some of the things about in 26 – the minute video above:
- Why banks are in massive trouble
- What this means for countries
- What this means for governments
- InWhat this means for businesses
- What this means for you and me
- And more…
Here are the resources and related articles to this topic:
- Fed caps bank dividend payments and suspends share-buybacks for third quarter after stress tests
- Economic Impacts of 34+ Million Unemployed
- Economic Impacts of 30+ Million Unemployed
- Value Investing In Your Car Episode 82 – The Economic Costs Of Coronavirus
- S&P Forecasts $2.1 Trillion In Global Bank Credit Losses Over Next Two Years
This video is also part of the IloveValueInvesting Podcast voted a top 15 value investing podcast in the world by Feedspot.
You can listen to this episode and others in this podcast by going here.
What are your thoughts on the major problems banks and other financials are facing? Let me know in the comments below.
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