Top Banks Posting Signifigant Losses

[Vastator]

Which are partly attributed to delinquency from credit card holders. Yes the State through its media collaborators, would have you believe the economy is doing great. Well the big banks disagree...

BRICS: Top US Banks Suffer Major Losses

The two largest banks in the US, are declaring combined losses of $4.5 billion in debts, music to the ears of the BRICS bloc.

watcher.guru

 

[1srelluc]

The news of bank troubles in Philly have disappeared.....Everything must be fine.

Republic First seizure signals more bank failures to come, expert warns​

"The cause is twofold: higher-cost deposits exceeding the yield on low-yield treasury securities and similar investments held by banks, and the deteriorating commercial real estate market and commercial real estate loans," said Lynyak, who specializes in bank receiverships and failures.

MSN

 

[pknopp]

It says Chase earned $50 billion in profits...........................so they take a little loss on some of the loans. That's business.

 

[Harpy Eagle]

Which are partly attributed to delinquency from credit card holders. Yes the State through its media collaborators, would have you believe the economy is doing great. Well the big banks disagree...

BRICS: Top US Banks Suffer Major Losses

The two largest banks in the US, are declaring combined losses of $4.5 billion in debts, music to the ears of the BRICS bloc.

watcher.guru

Despite the unrecoverable debts, JPMorgan Chase earned $49.6 billion in profit last year, while Bank of America earned $24.9 billion.



I think they will both be ok. Did you even read your own link?

 

[Harpy Eagle]

Credit card delinquency rates are pretty low compared to the past...

 

[Vastator]

It says Chase earned $50 billion in profits...........................so they take a little loss on some of the loans. That's business.

But the banks losses aren't the "real" story here.

 

[Vastator]

Despite the unrecoverable debts, JPMorgan Chase earned $49.6 billion in profit last year, while Bank of America earned $24.9 billion.



I think they will both be ok. Did you even read your own link?

Yep. And between the lines. Defaults are on a steady, sharp increase.

 

[pknopp]

But the banks losses aren't the "real" story here.

Of course not. Clamoring for artificially low rates again is.

 

[John Edgar Slow Horses]

Duke taught Trump how to do that.

 

[Harpy Eagle]

Of course not. Clamoring for artificially low rates again is.

No, the real story here is it was seen as a way to attack the current Admin.

 

[braalian]

Still waiting for that imminent economic crash you people have been talking about for years…

 

[Vastator]

Still waiting for that imminent economic crash you people have been talking about for years…

You're living it. Instead of a high speed crash into a telephone pole; it's a slow, steady run through a car crusher...

 

[HikerGuy83]

34 Trillion and climbing fast.

We don't talk about that either.

Another pandemic and we'd be so hosed.

 

[HikerGuy83]

Still waiting for that imminent economic crash you people have been talking about for years…

For many, it arrived in hardly being able to afford groceries.

But I get that they don't matter to you.

 

[braalian]

You're living it. Instead of a high speed crash into a telephone pole; it's a slow, steady run through a car crusher...

It must be convenient to be able to simply move the goalposts every time your predictions dont come true

 

[braalian]

For many, it arrived in hardly being able to afford groceries.

But I get that they don't matter to you.

I’ve been to Walmart

Nobody there is being deprived of a single meal

 

[Vastator]

It must be convenient to be able to simply move the goalposts every time your predictions dont come true

Show me my prediction.

 

[HikerGuy83]

I’ve been to Walmart

Nobody there is being deprived of a single meal

Nice try.

Prices are up 20 to 25%. You like that ?

Living Paycheck To Paycheck Statistics 2024

As living expenses in the U.S. continue to rise and wages struggle to keep up, it’s unsurprising that Americans of all generations are having a hard time financially. For many, this means living paycheck to paycheck. But what does it really mean to live paycheck to paycheck, and what underlying f

www.forbes.com

You probably work at Wal Mart.

Very few people could make such a stupid comment.

 

[braalian]

Show me my prediction.

I don’t know if you specifically have predicted it, but there’s a new thread every couple days here about how the big crash is weeks away. Has been for years

 

[braalian]

Nice try.

Prices are up 20 to 25%. You like that ?

Living Paycheck To Paycheck Statistics 2024

As living expenses in the U.S. continue to rise and wages struggle to keep up, it’s unsurprising that Americans of all generations are having a hard time financially. For many, this means living paycheck to paycheck. But what does it really mean to live paycheck to paycheck, and what underlying f

www.forbes.com

You probably work at Wal Mart.

Very few people could make such a stupid comment.

Of course I don’t like paying more for groceries.

But if you’re saying people “can’t afford” groceries, you’re being melodramatic