Kimura
VIP Member
Of course it is, these banks are basically engaging in monopolistic behavior,
dear, monopoly means one, there are 1000's of banks in the country and 10's of thousands in the world.
See why we are positive a liberal will be slow?
They control the majority of banking assets in the United States. No, monopoly doesn't mean one; the various definitions of monopoly are as follows:
1.
exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. Compare duopoly, oligopoly.
2.
an exclusive privilege to carry on a business, traffic, or service, granted by a government.
3.
the exclusive possession or control of something.
4.
something that is the subject of such control, as a commodity or service.
5.
a company or group that has such control.
Dear, no it doesn't,
monopoly does not mean one????????????????? see why we are sure a liberal will be slow????
as I said there are 1000's of banks in the US plus tons of foreign competition. There is less concentration and more competition than almost any other industry
too stupid but perfectly liberal. They were loaned millions and paid it all back.
They were given trillions not millions. I have no clue what planet you're on, come back to earth. And you're dead wrong, they haven't paid back all the bailout money. Not even close.
As you said silly goofy liberal: "they are zombie banks." They are not making much of a profit. So whats your concern???? You have never said?????????????
Yes, zombie banks, which are technically insolvent and being propped up by explicit guarantees from the government. Also, a vast majority of these banks a leveraged to the hilt with derivatives which can't be papered over.
but why when there is tons of international competition in the new globalized economy??? Hadn't you heard??
Please give up and realize that liberal means , slow.
What competition? Markets are largely rigged due to high-frequency trading - and the fact these banks own the vast majority of US banking assets while simultaneously receiving guarantees from the government.
Last edited: