What Are They Trying To Hide?
What Are They Trying To Hide?
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What Are They Trying To Hide? (Bank Branch Closures)
Banks made record profits last year in 2021! And are about to pay out huge bonuses, some of the biggest ever paid out, smells like the Great Recession all over again…
Bank branches are closing in record numbers. They start by saying that it’s a temporary closure due to health concerns, then the branch just never re-opens.
Their mandates state the following:
Ensuring that everyone has access to banking facilities remains our top priority - This is a LIE... If that were true, they wouldn’t cut access would they?
When you look on these banks websites to find out exactly why they are closing branches, they cite the following reasons: #1 CV
2. Removing branches encourages those online banking hesitant to move online with the rest of the public - could they be any more insulting & patronizing? This is simply not true. How could an 80 year old lets say who doesn’t even own a computer or smartphone (because they don't have those skills) suddenly start learning how to use online banking - it’s never going to happen.
Bank branches are profit losing entities & add no additional value to the business bottom line (Yes, but older people keep their savings in the bank, which the bank then uses to make huge profits whilst paying that saver 0.1% interest), it’s not a 1 sided arrangement here with the bank as the hero and the saver as a burden. Just go and try to take your cash out and see what they say… no way, they won’t allow you to! The banks are parasites, I’m not aiming this to those of you who work in the branches, because the banks will get rid of you next too. However they can increase profits, they will...
Bank cash reserves have exploded from $13.3T in 2020 to $18.1T in 2022 up 40%
U.S. Banks Collected $6.13B in Overdraft Fees Over 9 Months, from a public who are broke and in massive debt - this is just a generational wealth transfer ladies and gentlemen
The Government, with the banks help, have pushed up inflation to record levels via their incompetent policies, reducing your standard of living, yet your wages have not kept pace…
During the last 2 years, the rich got richer and the middle class got poorer, this stuff just really annoys me, it’s an outrage. This has created the largest wealth transfer the world has ever seen!
DISCLAIMER
This video is for entertainment purposes ONLY & designed to help your thinking, not direct it. These videos shall NOT be construed as tax, legal or financial advice and may be outdated or inaccurate; all decisions made as a result of viewing are yours alone.
Sponsorships: Neil McCoy-Ward may earn an affiliate commission or referral bonus from any product or service listed or discussed.
Видео What Are They Trying To Hide? канала Neil McCoy-Ward
⬇️ NMW 'Approved' Services: ⬇️
🏆 Join Our *AMAZING* Private Community! 🏆 https://bit.ly/3pLyw0O
🧠 Private 1-on-1 Mentoring With Me: https://bit.ly/3bxv3xN
🏠 Create an AirBnB Business GLOBALLY: https://bit.ly/2NNEb9u
📺 My Other Video Channel (Odysee!): https://bit.ly/3kgx9WZ
🪙 Where I Buy Silver/Gold Globally! https://bit.ly/3kbgO61
🇬🇧 Where I Buy Silver/Gold in the UK: https://bit.ly/2Mj7zUO
🇺🇸 Where I Buy Silver/Gold in the USA: https://bit.ly/3drNR2F
🏦 Where I Buy/Trade Crypto (GLOBALLY): https://bit.ly/3khSqzZ
🇪🇺 Where I Buy/Trade Crypto in (EUROPE): https://bit.ly/3dCg74r
🇺🇸 Where I Buy/Trade Crypto in the (USA): https://bit.ly/3hb5Mya
🚀 My favourite Crypto platform for %Interest%: https://bit.ly/3Evqy40
What Are They Trying To Hide? (Bank Branch Closures)
Banks made record profits last year in 2021! And are about to pay out huge bonuses, some of the biggest ever paid out, smells like the Great Recession all over again…
Bank branches are closing in record numbers. They start by saying that it’s a temporary closure due to health concerns, then the branch just never re-opens.
Their mandates state the following:
Ensuring that everyone has access to banking facilities remains our top priority - This is a LIE... If that were true, they wouldn’t cut access would they?
When you look on these banks websites to find out exactly why they are closing branches, they cite the following reasons: #1 CV
2. Removing branches encourages those online banking hesitant to move online with the rest of the public - could they be any more insulting & patronizing? This is simply not true. How could an 80 year old lets say who doesn’t even own a computer or smartphone (because they don't have those skills) suddenly start learning how to use online banking - it’s never going to happen.
Bank branches are profit losing entities & add no additional value to the business bottom line (Yes, but older people keep their savings in the bank, which the bank then uses to make huge profits whilst paying that saver 0.1% interest), it’s not a 1 sided arrangement here with the bank as the hero and the saver as a burden. Just go and try to take your cash out and see what they say… no way, they won’t allow you to! The banks are parasites, I’m not aiming this to those of you who work in the branches, because the banks will get rid of you next too. However they can increase profits, they will...
Bank cash reserves have exploded from $13.3T in 2020 to $18.1T in 2022 up 40%
U.S. Banks Collected $6.13B in Overdraft Fees Over 9 Months, from a public who are broke and in massive debt - this is just a generational wealth transfer ladies and gentlemen
The Government, with the banks help, have pushed up inflation to record levels via their incompetent policies, reducing your standard of living, yet your wages have not kept pace…
During the last 2 years, the rich got richer and the middle class got poorer, this stuff just really annoys me, it’s an outrage. This has created the largest wealth transfer the world has ever seen!
DISCLAIMER
This video is for entertainment purposes ONLY & designed to help your thinking, not direct it. These videos shall NOT be construed as tax, legal or financial advice and may be outdated or inaccurate; all decisions made as a result of viewing are yours alone.
Sponsorships: Neil McCoy-Ward may earn an affiliate commission or referral bonus from any product or service listed or discussed.
Видео What Are They Trying To Hide? канала Neil McCoy-Ward
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