Warren Buffett: A "Storm is Brewing" in the Banking Industry

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Legendary investor Warren Buffett is warning about a 2.2 trillion dollar storm that is about to strike the banking industry. The consequences of which will likely be felt for years to come. As you are about to see, a problem of this magnitude didn’t form overnight. The origins of this crisis date back more than 40 years. Now, it’s finally too big to ignore. With each passing day, we are getting closer to impact. Listen to Buffett explain.
To truly understand what Buffett is saying, you first need to understand the business model of a bank. At their core, banks are in the business of lending money. On the surface, it seems like a pretty simple business. Banks have money and they lend that money out to people and businesses that need it. The borrower pays the bank back the money, with interest, over time until the loan is paid off in full. The borrower is happy because they got to purchase something they otherwise wouldn’t have been able to afford. The bank is happy because it was able to make money on the loan in the form of interest paid by the borrower.
If you have ever interacted with a bank, you probably understand this part of the banking model first hand. However, the actual loaning of the money is only part of the story. What really matters in understanding Buffett’s warning is how banks even get the money that they loan out in the first place. This is an often hidden aspect of the banking business model that has the potential to make things extremely risky. What I’m about to say may come as a surprise to some people but when banks give out a loan, they actually aren’t lending out their own money.
Topics covered in the video include Warren Buffett, the banking industry, Silicone Valley Bank, regional banks, the banking crisis, real estate, commercial real estate, commercial real estate crash, the housing market, investing, Warren Buffett’s portfolio, and the stock market

[@InvestorCenter]

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[@BlueStratDude]

Can you do _anything_ about the financial advisor shill threads that get plastered in every video's comments? They're as disheartening as they are scummy.

[@cunning-stunt]

You didn't mention fractional reserve banking which makes loan defaults so much more scary.

[@Denise-rz4ug]

Never

[@ericcasanova]

I just paid off my house thanks

[@rogerdorsey7823]

SUPERIOR IS ABUSED.

[@KiraWells-r4l]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[@MichaelAkin-h6e]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@shurik-h5o]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@ZainabYusuf-n7k]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@shurik-h5o]

Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@Reuben-w5f]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@ErinWarner-zc9jy]

In recent weeks, lnvestors have become concerned that Nvidia has simply come too far, too fast, and they are wondering whether the hectic pace of AI adoption could continue. Nvidia answered that question with a resounding "yes," but given the stock's parabolic gains, blockbuster results simply weren't enough.I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[@joanneslusher]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@EmilyJustine-i]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@RoseBerlin-]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@EmilyJustine-i]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@ChrisThomas-m6q]

Thank you for the lead, searched Viviana by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!

[@VeronicaOlivers]

Ah, Warren Buffett sounding the alarm again-makes me wonder if my $231k emergency fund is about to become more 'emergency' and less 'fund.' 😂 I’ve been itching to jump into the market, but with all this banking chaos, maybe it’s better to sit tight? Or is this the perfect storm to ride the wave? Any tips on where to get a headstart?

[@NancyFranciss]

Hey, I get the sarcasm, but sitting on $231k with no plan? Come on! Buffett’s warnings are solid, but they’re also opportunities in disguise. Instead of waiting for the storm to pass, why not get proactive? Consider chatting with an investment advisor-they can help you navigate these choppy waters and make that 'emergency fund' work for you. Just my two cents.

[@CharlotteJacobsons]

Interesting take, but I’m kind of in the same boat as the first guy. Been stacking cash and feeling like I’m watching the market from the sidelines. I know I need an advisor, but man, how do you even pick one? It’s like trying to find a needle in a haystack

[@NancyFranciss]

There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@MollyShorters]

Watched Linda Aretha on Bloomberg finance summit 4 years ago

[@CharlotteJacobsons]

Funny you mention Linda Aretha Reeves-I looked her up after reading your comment, and she seems like exactly what I need to finally take the plunge. Can’t believe I’ve been sitting on my hands with all this cash while the market’s been all over the place. Time to make a move!

[@bapi6643]

The banks will not “take a loss”, the politicians will make sure that doesn’t happen. The taxpayer will pay for the losses

[@RonOliver-w6o]

Banking is a game for corporations servicing debts that people generally have no hope of paying back because of the deprecation of the value of the money they are paid. Winner takes all as the rich gets richer and the poor get poorer. Usury was the term that use to explain this application. As the workers say to their bosses the money you give us for working for you is not enough to live on. Technically Banks are authorized to print false promissory notes because our governments are too weak to stop them.

[@saeedmustapha1334]

😂😂😂

[@nealwhite5602]

they already are .

[@rdecarolis1]

So Lehman didn't take a loss? Bear Stearns?

[@nealwhite5602]

We just gave $400 billion dollars to the banks , and that goes above fdic , the banks are not taking a loss .

[@NatalieFormor]

I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases

[@ErinWarner-zc9jy]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@annaj.osorio]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

[@MagnusLarson-l1o]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@annaj.osorio]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@AdamLaus-xu8yb]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@Tnks4cmin]

Since the bank crisis could unleash carnage on the stock market leading to more economic downturns. We need to be prepared for potential market volatility. how can I secure my $600K stock portfolio against declining?

[@marvelouslife1309]

Well I wouldn't be selling it and putting it into a savings account.

[@Sky1]

Look I can summarize it in one statement. The government is out of money and they're gonna take yours. How's that? How do I do?

[@scotts1356]

BINGO!

[@placebojesus5652]

Really shitty. That’s exactly the conclusion they wish for you to come to. Think this through more. Yours is a very short-sighted pseudo/quasi-intellectual way of looking at it. I very much get why you see it that way, and it’s definitely *not* idiocy, but it is definitely an overly short-sighted, simplistic, indeed sophomoric take which is to say the take of a sophisticated moron.

[@coolco1619]

From tax and more tax! That's how.

[@livinthedream4479]

You’re right on that’s why there probably won’t be a big crash. They won’t let the big guys fail

[@NikiLivi5]

⁠@@livinthedream4479 They don’t have the money to bail anyone out. After the banking crash the economy will crash then we will have to fight for our lives because the illegals are going to try to take us over. Prepare or you won’t make it.

[@conradkostelecky7935]

The actual problem started in 1913 when the central bank system was started. Fractional banking and a system built on debt in an ever increasing spiral meant to collapse in time.

[@jakestarr4718]

ehh any monetary trade system is destined to fail when 1 person can reach a state of controlling almost half of the currency supply. shrugs, it still works and you just have to be clever. there will always be winners and losers.

[@paulbo9033]

No, that system worked fine for a long time, decades. The problem started when Regan financialised the economy, that's when it all started getting totally out of hand.

[@jakestarr4718]

@@paulbo9033 it was already rigged prior to that, the moguls that put the federal mint in place had it set up for themselves. What Regan did was lobby in the benefit of someone that paid him off well.

[@chronicpainwarrior]

@@jakestarr4718 we the people have been conditioned to be the 'loser' in our current state of financial tyranny which works perfectly for the Banksters.

[@jakestarr4718]

@@chronicpainwarrior the only losers are the ones that don't understand what is taxed and why. There are many forms of currency one can trade with, just legal tender from the mints is taxed. If you accept money, you accept taxes. For instance i can buy diamonds, cut them and gain equity then exchange them for other minerals at an exchange with absolutely zero taxes. Why do you think they invest so much money into films where if you have these alternative currencies they'll be stolen and the only safe place is money in banks that is taxed lololololololol. I think you might have missed some important information in this reality we live, probably because you only want money and not equitable currency. Don't hate the game, you too can be a bankster

[@paulpellicano8047]

Looks like a matress is more secure than a bank vault these days.

[@SamTenkan]

Paper money will soon replace bitcoin 😎

[@bernardmueller5676]

That is exactly why they will ban real money and switch to a digital currency. Mark my words.

[@rogergeyer9851]

So you just IGNORE the "no depositors will lose money" part. For those under the FDIC limit, of course. Stop whining. Stop spreading useless FUD. Your mattress won't pay your 5ish percent interest, BTW.

[@aj_wuwei]

They will pull the mattress under you if need be

[@richardlecomte4874]

That's why the ate pushing digital currency

[@Theresaa12]

I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?

[@Armstrong741]

The problem is that many people have a "do it myself" mentality but aren't prepared for a crash and get burnt. Financial consultants are ideal for investing. Since January 2020, amidst the COVID outbreak, my portfolio has yielded massive ROI, reaching 7 figures today.

[@Armstrong741]

Opting for an inves-tment advisr is currently the optimal approach for navigating the investment world, particularly with this kind of interest. I consulted with a coach when I needed to invest my $120K savings, and my p0rtfolio surged by nearly 85% in 6 months.

[@Armstrong741]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

[@Theresaa12]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@Armstrong741]

*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@debonairbeast1010]

Not all is factually correct in this video. Banks do not make most money by using deposits to create loans. The biggest source of money for banks comes from fractional reserve system. Banks are required to keep a small % of money they „borrow” from depositors and then borrow that money in close to perpetuity. Google the term and you will understand. The amounts mentioned regarding the upcoming maturity of the commercial real estate loans are big (2.2 trillion) for an average person, but banking system is so complicated that we simply don’t know what the spillover effect to other parts of not just banking sector but also real economy will be. It’s 2008 on steroids bc instead of allowing the banks to pay for their risky business, the government bailed them out with, you guessed it, your money. They will do it again without a doubt. Privatize the profits and socialize the losses.

[@judyhall5624]

Trouble is big business is in Singapore 🇸🇬 try getting it back..😂😅

[@tallguy6055]

It's a bad conclusion and they distorted what Warren Buffet actually stated. Buffet stated we will be OK and this is normal business. The video bent that to say this is a major looming crisis and it really is not. Fed has already boosted capital reserves to cover for losses in commercial real estate. So in my view at it's worst this will be a slow burn not an absolute crisis.

[@matthewhawks9731]

This is just typical "scare line" video trying to get clicks while misinforming the public. Some banks will definitely take a much harder hit than other, but the overall banking system has remained resilient. Also just FYI, as of March 2020 banks no longer have a reserve requirement.

[@jakestarr4718]

@@tallguy6055 yeah but i recall warren reading the infrastructure bill chatting on forbes back at the end of 2008. its normal business alright, but its a different game lol. they're setting it up to crash the usd forever for a continental currency with canada and mexico. prices in mexico are getting close to ours in the usa now, canada is ahead with hyper inflation already, we're all right behind them! i bet warren moves on buying up shipping freighters soon... those brand new government paid for railways made him over 60 billion in equity. he soaks up the freighters before they switch to hydrogen funding packages he'll quadruple his net worth.

[@tallguy6055]

@@jakestarr4718 Happy I don't live in that reality. Your never going to see a common currency or common market in North America in your lifetime. No need for it if both Mexico and Canada use the dollar as their reserve currency and have no intention of changing. Not sure where on earth you got the idea BNSF was government paid for. It's been privately run since construction and a good chunk of the mileage was not even land grant. He has no interest in freighters and hydrogen power is not feasible economically with railroad or large scale Marine applications........been tried and way too expensive. Germany tried hydrogen power for passenger trains and just recently gave up on it due to the expense. Not really working out for rail applications and a CPKC hydrogen powered test loco cost $12 million which is approx 3-4 times what a regular diesel costs.......not sustainable financially on a larger scale.

[@RS-xh8rq]

Our family had a business with 650 people. We decided to sell in 2023 as our interest cost went from $3m to $8m. Now we collect interest. Interest was eating our profits.

[@sigungajoshua6149]

Context Please.

[@walkabout16]

In the world of finance, where fortunes sway, Warren Buffett speaks, with wisdom's ray. "A storm is brewing," his words resound, In the banking industry, where challenges abound. With keen insight, he peers ahead, To the stormy seas, where fears are fed. For in the currents of economic tide, Lie the secrets of success and pride. In the banking halls, where money flows, Buffett sees the signs, of highs and lows. Regulation shifts, and technology's rise, A storm gathers strength, beneath the skies. Yet amidst the turmoil, Buffett stands tall, With a steady hand, he faces it all. For in the eye of the storm, where chaos reigns, Lie the opportunities, for those with gains. So let us heed his words, with care, As we navigate the financial fare. For in Buffett's wisdom, we may find, The path to success, in the stormy grind.

[@michau_12]

If bank shut down, then you will lose your money and stocks, it happened before In 2008-2009 in my country (because of USA), many lost their jobs at the same time, business, factories and companies closed down etc. So it will not just hit the bank, but every one in contact with the bank.

[@Alex-zi9wl]

Most brokerages are insured. Robinhood is FDIC insured up to $2.5 million. Every bank is FDIC insured up$250k. By law, the FDIC has to pay you back

[@humanparaquat69]

When you use a source like this cnbc clip of warren buffet, could you please give the date when the interview took place? It will help a lot with putting things in perspective. Great video though once again

[@swiftcoder6773]

The video was posted on 4/12/23 on CNBC channel: kzbin.info/www/bejne/sIXYgICMqp5-pdk

[@logingoogly]

2 months have passed

[@barbeldrossler8819]

😅

[@humanparaquat69]

@@swiftcoder6773 Thanks friend

[@qw5040]

@@logingooglyThat's April 12, 2023 not 4 December, 2023...so 10 months...they're discussing bank issues because of the regional bank failures that happened in March

[@Maguirehook]

I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you mrs Amelia jason , imagine investing $12,000 and received $305,500.

[@Maguirehook]

Have you not heard of mrs Amelia jason ?

[@Maguirehook]

She has this skill of making complex crypto concepts easy to understand and is truly commendable.

[@Starkham]

I'm new at this, please how can I reach her ??

[@Maguirehook]

*She's on telegrams mostly, using the user name.*

[@Maguirehook]

@AmeliaJason11… that’s it

[@icutoo2699]

Excellent update and video. Some managers are overly aggressive at creating profits where they use other peoples money and when things go bad in business other people are stuck with the losses. I would expect banks to know better about these schemes but the banks use the same tactics to accept these loans and pass on their losses to others. Like a game of hot potato where the government and eventually the worker/employee are stuck with the higher taxes. A good example of risk aversion. Take the profit and pass on the risk to someone else.

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@marelinem541]

@@DavidBruceAllen1 You are doing no one any favors by telling people that they can keep the house, car, etc., but don't have to repay the loan. Pure BS! In any transaction like you described, there will be a clause stating that the bank can sell your 'loan.' The lending institution will also reveal what percentage of the loans made they sell. There is no fraud involved.

[@carltirocchi8697]

It sounds like a plan by financial concerns, to grab foreclosed real estate at fire sale rates. Is this a reassignment of wealth and assets to the extremely wealthy investment groups?

[@kyleg9693]

Already happening in socal. Rent is 30-50% of mortgage cost. Airbnb Is dead

[@johnf6267]

Yep.

[@ByDesign333]

Double yep. And complete with DEW fires to create cheap prime location land.

[@DavidBruceAllen1]

You're right. Banks love to go in and steal property after they defrauded the customer in the first place. What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@marelinem541]

That's how it played out in the 2008 housing crash. People panicked and walked away from houses that they could afford the payments on, because the house was worth less than they owed on it. If they had just kept making those payments (and I know not everyone could do that, but everyone I knew that 'lost' their house made a choice to walk away from a loan payment they could afford). Then most paid just as much in rent as they'd been paying for their own home, and now they can't afford the same house they walked away from then. If they'd stayed put, they'd be 20 years into their 30 year mortgage with a bunch of equity.

[@therealzahyra]

The mental gymnastics we humans do to justify made up ones and zeroes representing the social construct that is "money" is IN-SANE.

[@даладновам]

Inflation is not about an interest rate, but the uncontrolled printing of money ;

[@brucefrykman8295]

Particularly so when the money is given to the fraudulent "green" movement with 0% value and 0% return. Thanks Demoncrats.

[@windywaz]

I wish people would wake up to this fact. Politicians point the finger everywhere else but the central bank.

[@brucefrykman8295]

It is the means by which leftist governments keep their lower class impoverished and dependent serfs on their plantations. Every newly created dollar is simply additional (regressive) taxation.Taxation should be defined only as the spending of unearned money. This is what politicians do: they borrow money from the central bank (The Fed); they spend money that no one ever earned. Every new dollar the central bank (the Fed) creates that is loaned out to anyone is essentially counterfeit (unearned) money. However this counterfeit money must be pad back with real (earned) money. If people were truly free, what is loaned should only be expected to be paid back in kind. If the money that is loaned is newly printed (created) it should only be expected be returned (at interest) with newly printed (created money with more additional printed money as "interest") The reason government became involved in educating kids was to keep every new generation ignorant of finance and money; the experiment has been wildly successful as evidenced by the existence of the Democrat Party Sound as a dollar was a true statement until the Federal Reserve Bank was created.

[@EASYSMARTBUY1]

And never downplay a worldwide pandemic because you will have worldwide inflation.

[@user-vz8pb2fk5d]

Your right..... Remember ding dong donalds solution.. He said " Just print more money " lol lol lol If you think inflation is bad wait till trump implements his plan of just printing more money lol lol lol That is if he is elected again.

[@roelzylstra]

When you say "bank's money" ($10 million @14:26) where did the bank get that money? Whose money is it? The investors? Also, if the bank has $100 million in deposits, it is able to lend $1 billion due to fractional-reserve banking, right? This is the *_real_* problem.

[@DavidBruceAllen1]

You're right about "fractional banking. This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD!

[@Meepoli]

@@DavidBruceAllen1I get what you’re saying, but how’s that happen when someone sells a house they own outright? If I “own” a million dollar home but only have 200k principal and sell it to someone for a million with 200k down, I understand what you’re saying, the 200k is traded, and the loans swap. If I buy a million dollar home for 200k down, and the bank takes my 200k, who pays the original owner their $1 million in cash? Are you saying that this does not happen? Could be the case that all the boomers try to sell their million dollar homes they own outright and then there aren’t enough funds to actually pay them, and what I’m saying hasn’t happened at scale just yet.

[@davidcain3247]

Mr Allen, you’re incorrect. First, it’s borrower not barrower. Second, you’re missing a party in the transaction - the seller who receives money from the lending institution via, most frequently at closing, a cashiers check if any proceeds remain after liens or other costs are deducted and paid to the rightful recipients. So the bank is very much lending real money. Third, it is not against the law to rehypothecate depositors money. Fact is, this is an extremely common practice unless the charter in which a financial institution is statutorily restricted or prohibited from doing. Source of my knowledge? I’m a bank director on the board of directors.

[@davidcain3247]

@@DavidBruceAllen1You’re terribly ill informed.

[@colombard140]

❤❤❤❤ Banks in fact create money out of thin air through the process of SRR or Statutory Reserve Requirement. For instance, if the central bank sets the SRR at 7%, and you deposit $1,000 in the bank, the bank need to keep back 7% of the $1,000 and can only lend out $930 to borrower A. Since A owes the bank $930, the bank claims that it still has an asset of $930 and so it can still lend out 93% of $930 i.e $864 to B...and the process continues.. As the SRR is 7%, the bank can lend out a total of 14 times the money deposited i.e. for every $1,000 deposit, the bank is allowed to lend out a total of $14,000. The $13,000 is created out of thin air! To calculate the SRR, it is just the inverse of the percentage in digital form i.e. 7% is .07 and the inverse of .07 is 14. Nowadays a the SRR in most countries is about 3%. So the banks can lend out 1/.03 times or 33X the amount of money a depositer put into the bank...if you deposit $1 million into your bank, it can create $32 million out of thin air and lend it out to its clients ! 😂😂😂

[@0hub1ot]

Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.

[@AlexzanderMckenzie]

Each strategy carries its own set of pros and cons and picking the right one depends on your specific financial goals, but in order to execute such effective decisions, it must be through a skilled practitioner.

[@maxwelljohn1545]

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice

[@0hub1ot]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@maxwelljohn1545]

There are a lot of independent advisors you might look into. But i work with Camille Anne Hector and she is excellent. She has a profile online from there you could proceed with her if she satisfies your discretion.

[@liammason3137]

The name Camille Anne Hector is in my heart forever, her commitment to her clients is unmatched. Her strategic planning and attention to detail have played a pivotal role in securing my financial stability. I wholeheartedly recommend her services to anyone seeking a knowledgeable and reliable financial advisor.

[@brandonedwards4398]

I think the saver, Tim, would say you shouldn't have to borrow money to go out on a date. The relationship would be off to a better start if you cooked her a meal yourself. Don't want to set up the expectation that you're an ATM machine.

[@e79422]

He is right...banks are already starting to get hit. People cannot pay their loans and car loans are the big hit. Pay attention to this man!

[@Solittletimetoomany]

Another issue I didn’t hear her mention, when rates go up, some financial institutions can pay higher rates of interest. If they don’t, some customers will move their funds to financial institutions that do further hurting banks that could not afford to offer higher rates.

[@cindyb1973]

I believe the banks are to blame for this real-estate mess. They lowered the interest rate so low it caused a buying frenzy, hence melt down. They are never blamed and its wrong what they have done.

[@charleswood3705]

The Banks are not to be blamed…..the MBAs and Government.….for bad business decisions and Covid lokedowns.

[@DavidBruceAllen1]

This lowering and raising of interest rates is a planned cycle the Fed and banks have been using for decades and DECADES to take money out of the pockets of hard working people. What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." (The down payment satisfies the "fractional reserve" banking requirement.) The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@jjk2one]

It's ;nothing new

[@SamTenkan]

Great explanation. I wish I had such a good teacher at university.

[@scotts1356]

No kidding!

[@josephyarbrough9316]

it's a robot. AI generated But, you knew that

[@janpolo799]

Watch out NY just made getting a real estate loan a crime with the Trump derangement ruling 🤣

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@StellaThomas-tk6wp]

Thank you for keeping it real with us. We're all getting hit over the head with these prices, the good thing is being in a position to pay these prices. I feel really bad for those who are not in the position to pay for their basic needs.

[@CharlesMichael-zp5bg]

Investment has been the easiest means to save and multiply money because money left for saving always ends up used without returns.

[@PhilipMartin-ig8re]

This is a brilliant note for all investors, The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.

[@BelindaGomez-ul2yn]

That's Correct. according to Warren Buffett, dividends are less valuable for growing businesses and more suitable for established ones. Investing in companies that offer dividends might be seen as parking capital for steady returns, especially for those relying on portfolio income. This approach resembles bond investing, serving as a means of generating consistent earnings.

[@gahshdsjdndnjd]

People get scared of the risk in investment but also forget there are risk also in investing in a car, the honest truth is that investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing. it is good thing to start your Financial freedom this year with good investment idea

[@gsssbsbjdkfdmjd]

Regrets are something that humans should not have in life because everything happens due to lack of information and that is why I am posting this here so that whoever sees it does not fall into the trap of regrets in the future. It is more advisable, as an employee, you should cultivate yourself by working and making investments as supporting income, so that you can stand on your own, but no employer will let you know so that you can be under them forever. People like Warren never worked for anyone that long to make him who he is today, instead they invested more in companies to manage their activities and earn a profitable return on investment.

[@gajsssnsmdndn]

But honestly for beginners it is advisable you invest through an expert who would serve as a mentor and a guardian to ensure you make profits and increase your accuracy when you make a good portfolio, in that way you get to make money with low risk of losing youhard-earneded money.

[@DeboraGruba]

Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Linda Sue Baier.

[@jellybean6778]

As usual, an excellent explanation.

[@InvestorCenter]

Thank you!

[@anthonym_]

Great video. Illustrations are helpful. Thank you.

[@DanA-nl5uo]

That example is way off because of fractional reserves. The bank only has 10% of the money they loan the other 90% is loaned into existence when they write the loan. It is how the vast majority of money is made in the monetary system today.

[@Phantastikal]

Great video! The USA running near 0% interest rates is a huge mistake but done to prop up a weak GDP and economy. Also the national debt at $33 trillion, does not allow them to keep it higher than near zero. We are doomed.

[@judyhall5624]

You don't have a budget without debt....it's built into the budget...%ages matter....Despite the 7.5% of GDP adjusted deficit, the debt to GDP ratio rose only 1.6 percentage points from FY 2022 to FY 2023-from 96% to 97.6%

[@Phantastikal]

The debt to GDP ratio is now about 127% which has never happened in the history of the USA. We are doomed.

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@judyhall5624]

Despite the 7.5% of GDP adjusted deficit, the debt to GDP ratio rose only 1.6 percentage points from FY 2022 to FY 2023-from 96% to 97.6%

[@sanchezlopez2020]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[@BirgitAliyev-tys62]

I'm surprised that you just mentioned Veronica Hoy here. I met her at a conference in 2018 and we have been working together ever since.

[@HenryP.-ji5eb]

The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

[@Ryanrodriguez770]

Hoy's expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.

[@bigthelma1]

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

[@BerthaAzubah]

I'm new at this, please how can I reach her?

[@MooseHS]

Great presentation... So I will be a better investor by not investing in small and mid size banks and other lenders of commercial real estate but what investment opportunities will this create?

[@Kuntvaffles]

The traditional 10% reserve ratio was changed to 0% in March 2020. This effectively created a HUGE increase in M2 money supply (more money in the system = more inflation), but also made it so banks don't require cash/capital on hand. Banks are a scam.

[@mattd773]

How does one know what banks are more susceptible to this problem. Is that a direct line item available to the public in there income and expense statements ? Would it show much they have is commercial real estate loans.

[@HelenDietrich-b6k]

Credit unions are thought to be better than banks, but no one knows for sure.

[@andylowe2725]

I'm so glad these 90 year old men have Billions. Let's all keep them in our prayers.

[@fabuliciousrabbit7290]

Don’t people in the USA have to take out mortgage insurance for the banks protection if they default on payments on the loans? In Australia we have to pay for mortgage insurance if we borrow over a certain amount.

[@vden02]

Same here. After a period of time or if the equity in the house rises beyond the 20% value then the owner can restructure and have it removed. Home prices have went through the roof in the US.

[@DavidBruceAllen1]

Mortgage insurance is just another fraudulent way for the banks to get more money out of people. What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@rkgaston123]

This is a good basic primer on how the economy works - the FED, commercial banks, regional banks, and all the way down the chain to the consumers. Bravo!

[@williamsporing1500]

Food, water and metals of various types are the only thing that’s truly valuable.

[@_comma_period]

always been. like if you have money to invest go just buy gold, palladium etc. things boutta get messy

[@TheRealestHi]

Food, water, blued steel, and gun powder. If you have those, then all you need is ice.

[@ravensrun6117]

especially if you actually own them free and clear of the shareholder class ! I'm expanding my food forest -

[@andreaedelstein5124]

Natural resources of the Earth that people have commoditized. Oil, water, tungsten, iron ore, lithium, cobalt, precious metals, gems, etc.

[@min4698]

@@_comma_periodbut where do u buy it!!

[@RobertDawson100]

That was the cheeriest voice announcing a financial meltdown I’ve ever heard.

[@AciewillGW]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[@yeslahykcim]

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

[@PichetteSeth]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@BarbarbraHolland]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@chrystya]

Buy what you know. Buy only those companies you intend to hold for at least 5 years. Do you think Costco will be here in 5 years? What about J&J; CVS; Amazon. Where do you shop? What do you buy? You already know what to buy. Just look around. Is McDonald’s going to be here in 5 years. But don’t invest money that you can’t lose.

[@russelbrown6275]

Gold

[@Hanna5859]

13:43 This example assumes the property owner does not pay down the mortgage with the profit each year. Lowered mortgage means it gets paid off a lot sooner. The example also assumes renters face no rent increases in 15 years, which is unrealistic.

[@DonquijoteDC]

I think there are a lot of variables that can’t all be covered. Huge rentals properties have been empty from work at home policies and some companies are staying that way. So a number of there properties are sitting vacant and not making money.

[@stevedjurasek7396]

Thank you for the simple explanation how money lending works. I was a Democrat, my whole life. And I had no clue on how money works in banks. I thought it was magically appears every morning. And we never have to worry about paying it back. I guess being a Democrat. You see things differently

[@mel3004]

😂😂😂

[@DavidBruceAllen1]

What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." (The down payment satisfies the "fractional reserve" banking requirement.) The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@noahkemohah8233]

Wrong-- this is not how banks lend money. They do not lend your deposits. They borrow from the federal reserve. The federal reserve creates money and sends it to the bank at a very low interest rate. Then the bank pays back the fed once the customer pays them back. There is no way a run can happen on a bank anymore, because your deposits never go missing. They stopped lending out deposits a long time ago.

[@user-jr6pz7ef8f]

When I grow up my grandmother who went through the Great Depression of the 1930s did not believe in Banks when she got her check it was cashed and the money was safely put away at her house if history repeats itself and it usually does the banking industry is going to get a big hit it's almost inevitable I don't know I look at these problems and I just think about simple economics and there are a lot of things that just don't make sense and I know they are not going to work they are just pacifying everyone while the situation gets worse

[@gauriblomeyer1835]

In Germany all banks are made by agreement brothers. All take care of a brother fallen sick, going into insolvency. Without making big noise the public is informed that the sick brother’s capital and losses have been taken over by the big brothers. The same is done by all German insurance companies. No German insurance company can go insolvent. In Switzerland it is the state which covers all losses and brings the fallen bank cost free into another strong bank. Why are these safety measures not performed in the USA ?

[@TimothyStclair-v4p]

What's to stop the head guy running the banks and insurance company in your country from purposely running it into the ground and making off with the profits into a Swiss bank account. Do you have accountability/policing built into your system to keep those running each institution honest ?

[@nigelboreham7357]

Thankyou for such a concise explanation. Thanks to for keeping me awake with the atificial leg.

[@Solittletimetoomany]

Michael should have skipped the date and saved the money or asked the date to pay in which case it wouldn’t have been a very successful date, whatever that is.

[@kevinford6420]

😂😂😂👍

[@jheengalala]

Absolutely ! Michael should have dated his hand and saved the world from financial crisis.

[@gordonbecker5055]

@@jheengalala😆😂😉

[@BrianLighthart]

Good Grief! I'm sorry I bit on this link. As a basic (Junior High School - level) explanation of banking, it's not bad. I'm glad that some viewers found it informative. But is far from complete, misleading in places, and laboriously padded with un-necessary and puerile narration and illustrations. Also, it is far from helpful in helping anyone trying to avoid some banking crisis - a banking crisis which the W. Buffett clip actually says is unlikely. Sure, a storms is brewing in banking. That much is true, and is always true. Banking is a house of cards. Banks should feel like complete idiots. Instead, they feel like geniuses. Instead of begging on the street, they are living high because they are protected by our "leaders" at our expense. We are all soooo smart /s.

[@funjuan3803]

This is caused by Jeff. The date has a crush on him. Bezos has literally closed our local shops and malls and the restaurants within them. Amazon is to blame.

[@bblegacy]

But it is ultimately the consumers that have made Amazon what it is. The consumers got their bargain basement prices at Amazon check-out at the expense of their local shops and malls. It wasn't Amazon who put them out of business. It was their own customers who stopped patronizing brick-and-mortar businesses in favor of getting next day delivery.... at rock bottom prices.

[@THEL0NEARRANGER]

If you have more than $250,000 in the bank, you simply move some or part of it to another bank next door. I am not a Banker, so I don't care. I don't borrow money and never have. I loan my monies to the bank and/or the US treasury. The rest is invested in the S&P500 in a no-load mutual fund. LIFE is fantastic, no worries, just happiness everywhere these days. It's the Roaring 20's again my friends.

[@nicosmind3]

The upward inflection at the end of every sentence is annoying!!

[@markeastman1503]

If you are already at the bottom you don't have far to fall but the people who are at the top will have the furthest to fall

[@henryterranauta9100]

💰💰With more than💰💰4,000 local banks, it’s likely some will face strong headwinds but💰💰💰the spoiler is - all of banks will somehow merge with bigger companies and a happy ending is in sight ❤❤ Meantime I appreciate the explanation of this video !!

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@shaneluck2570]

What did Warren say about this in 2008?

[@JoyceHAnderson-rp5bf]

WOW! I learned so much from this video. Thank you.

[@InvestorCenter]

Glad it was helpful!

[@coolco1619]

Me too and thank you.

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@JoyceHAnderson-rp5bf]

I know who Warren Buffett is and I tend to believe him. I don't know you "Investor Center." What are your credentials that prove that you know more than Warreen Buffett?

[@LauraRonchetti]

If the bank get stuck with losses, they deal with it. It’s the free market rule. It shouldn’t be any bailout for banks or any other business.

[@mariburns8758]

the obvious question - why would the fed raise rates so aggressively, knowing the impact on real estate loans?

[@ValorPartner]

Because the FED doesn't care about collateral damage, they exert virtually unlimited authority to dial back inflation, no matter what. Trillions of new dollars in circulation since 2020 has a price and we're all seeing that in our cost of living.

[@cunning-stunt]

Because they want the dollar to dominate the global markets not be inflated to the point where it is worthless. Go have a look at the US debt clock. See how many millions it ticks over in a minute.

[@DavidBruceAllen1]

This lowering and raising of interest rates is a planned cycle the Fed and banks have been using for decades and DECADES to take money out of the pockets of hard working people. What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." (The down payment satisfies the "fractional reserve" banking requirement.) The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@micheltremblay-m2y]

my Mom passed away 3 years ago and left me like 120,000$..!!!!!...I spent it ALL already..!!!..had the Time of my Life.still is..!!!...next month I'm gonna apply for walfare and get paid doing nothing...!!!!...I'm proud to say that banks won't get any of that Money my Mom's left me...!!!..JUSY MY DEBTS..!!!!!!.........DIE TODAY AND PAY TOMORROW is my new ''Motto''...!!!!

[@brianl1341]

Michael should hard pass on the date. Worst ROI for men is spending money chasing women. Before you ask who hurt me, the only time I get hurt is when I trip over the bags of money and saved and made by not wasting my time doing so. Thank me later.

[@InvestorCenter]

It was meant to be a funny story to demonstrate my point haha

[@GregTGolden]

​@@InvestorCenteryou miscategorized how banking works completely. Banks dont just work through financial intermediation, they also create the money that they lend out. In your hypothetical scenario, it would be as if he borrowed 10 dollars from his parents piggy bank, but then also printed off 100 dollars from his inkjet printer. In fact, depositors only function as a reserve for the bank. The majority of money is created through lending (the bank lends you the money, then deposits it into your account or by making a payment on your behalf through a purchase). Financial intermediation (the lending of deposits to creditworthy borrowers) is probably the smallest aspect of banking in modern times.

[@Blarpington]

This is not how bank loans work. This video skipped fractional reserve banking. When JP Morgan began fractional reserve banking it was called "fraud". He was loaning out more bank notes than he had gold on hand. So Morgan paid his lawmaker friends to change the laws in order to keep him out of jail. Even after the US got off the gold standard, fractional reserve banking remained. When the bank loans out more money than they have on deposit, you have a system where loans create "new money" which is called inflation. The problem is when you consider where the interest is going to come from. To pay off the loan plus interest requires more money than exists in circulation. This causes a game of musical chairs where someone must always be claiming bankruptcy.

[@DavidBruceAllen1]

This lowering and raising of interest rates is a planned cycle the Fed and banks have been using for decades and DECADES to take money out of the pockets of hard working people. What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." (The down payment satisfies the "fractional reserve" banking requirement.) The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@felipeneto4203]

I love the grounded reality of this channel!!! *Retirement took a toll on my finances, but with my involvement in the digital market, $15,000 weekly returns has been life changing. AWESOME GOD* ..

[@채은우CHAEUN_WOO]

Did someone just mention Mr Ricky!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is

[@tulapradhan6882]

No doubts, this Ricky Wen must be an icon; how good is he and how safe is "profit making" with him.?

[@vilasaojose6703]

*with over 10 years of tra ding experience, Mr Ricky has gained herself a good reputation by helping a lot of persons build their finances' through inves'tments.* 🇱🇷

[@Itsaraveeef]

That's interesting, any way to connect with him? I have to get started.

[@Itsaraveeef]

Thanks for the info. I'll reach out to him immediately

[@LlyleHunter]

It sounds like the banks will foreclose on the premium investment firms that bought up the property market and will hold onto the properties until they rebound or recover enough to reasonable values for new buyers to invest in.

[@jimshoe402]

Banks where loaning out money at 5% and paying u 1% = 400% Profit.Get It $$$$$

[@DavidBruceAllen1]

What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@vapor4]

​@@DavidBruceAllen1*borrower

[@jokiep65]

The big mistake in thinking is that many people are taking a loan for what tthey want to have NOW. Save up your self-earned money first and start early with it. Loans are only good for a house and maybe part of your studies. Not for cars, dates, vacations, stuff. Learn from Dave Ramsay. Do not sell your freedom! Work, live modestley, save and enjoy afterwards.

[@hildablanco1591]

When men worked and women stayed home there was less political greed

Our predecessors knew what they where doing by not allowing women to vote let alone to actually be in the clubhouse

[@eabryn]

No that was when lobbying was illegal and punishable and market manipulation was considered a crime. Reaganomics made both legal and now corporations are monopolies and the top 1% are bleeding the rest for wealth and power by owning monopolies and/or lobbying and winning tax breaks and off shore advantages. Has nothing to do with men controlling women

@@eabryn can you back up your claim?

[@dennisniemier3024]

Great information here, Thanks! FJB 💕😺😺

[@DavidBruceAllen1]

I totally agree about FJB! What you need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@davepaul8975]

Thank You for your wonderful explanation. Where were you when I was a young lad in school? PS: If you were actually doing the drawing, I am very impressed.

[@InvestorCenter]

You're very welcome! PS: I use a software for the drawing. Don't tell anyone :)

[@maryanncrody4867]

The ultra rich always get bailed out and then they want to take away my social security

[@briannat1086]

"We invested an additional $12 billion into community banks, because we know community banks are in the community, and understand the needs and desires of that community as well as the talent and capacity of community."

[@Ryan_L]

How many is a “few”? And who are those banks so I may short them?

[@InvestorCenter]

Only time will tell

[@anirudhhattangadi3534]

Am i like ​ Ramesh uncle?@@InvestorCenter

[@deadmanrunning6670]

We're talking about commercial loans here, what about the residential mortgage market where homes may have increased from $200K to 400K and banks have made loans on these properties which may be underwater in the near future when the market corrects. In parts of the country new homes inventory are increasing and home builders are cutting prices to move properties. I'm thinking this will be the other shoe to drop.

[@SVC-hz6dq]

Couldn’t be better explained. Thank you very much.

[@InvestorCenter]

I appreciate the kind words. Thank you very much for watching and supporting ❤️

[@DavidBruceAllen1]

This lowering and raising of interest rates is a planned cycle the Fed and banks have been using for decades and DECADES to take money out of the pockets of hard working people. What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." (The down payment satisfies the "fractional reserve" banking requirement.) The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@nigelsolomon2310]

Hi, thanks for a great video. Very insightful and informative which explains really well how you would land into a recession. Do you have a video on how this causes ripples globally? I'd really like to understand that. Thank you, Nigel

[@RayMak]

This is sad and dangerous

[@liuliu2583]

Long time of high fed rate will definitely kill banking industry, but optimistic ignores all alerts

[@ckjohn1090]

In India, international storm whether in banking industry or in housing is always found out to be a storm in a tea cup as every Bank doubly ensures that property worth two rupees is taken in for every rupee loaned unless the loanee is very closer to the Chief Executive of the nation.

[@robertburatt5981]

Another restaurant! Or another supermarket with huge parking lots! Or another convenience store or storage facility! Or another group of town houses with high rents and more roads and more cars! Who needs them! The towns and cities are already gutted with such unimaginative businesses. There is such a lack of imagination and such eye sore uglinessness that they are better off not getting ANY loans. The Hell with them--and the banks!

[@KelleyWatkins-r7c]

GREATER ARTIST. AROUND.... PRAYING I SEE U LIVE....NO. REGTETS...TY. TY TY❤❤❤

[@magrietguthrie8661]

South Africa is protected by God, we don't need Evil in this country, stay put, thank you

[@richardhaysom]

Excellent analysis.

[@Tampa2Enjoy]

Nice video for the public to get educated and thank you

[@dwaynemauk566]

Jefferson made in a letter to John Taylor in 1816. He wrote, "And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale"

[@stephandhaene35]

They're only telling half the story here. Fractional banking was not explained. The video makes it look like the bank only uses the deposits it has to lend out. In reality the bank only is required to have 10% of that money sitting in deposits. The rest the bank lends itself from the central bank. (Federal Reserve or ECB depending on which side of the pond you're on) Next thing: when you put your money in the bank, it no longer belongs to you! You have lend it out to the bank, which in return gives you a -small- interest on the money you deposited to the bank. So the bank has a debt towards you. That's why you have a debitcard and a creditcard coupled on your bank account. In case the bank goes belly up, you are just a creditor to which the bank owes money. Money they don't have anymore. So in the US those deposits are covered by de government for a value of $ 250K. Given the fact that the US-debt is currently already ticking at $34 trillion, I think it is a pretty safe bet to say that not only will your bank go bust, but it might take the US along with it.

[@xenofonz7640]

Well said. The pied piper will come one day to take away what he is owed. In other words, America crashes and burns. It's just a matter of time. The national debt can't keep on growing forever.

[@jonlj77]

14:09. The bank isn’t taking much loss. They’ve been indulged in plenty of gains off the “interest” it made of that loan in the prior years. The losses aren’t as bad as they portray them to be.

[@TurielD]

That's not how banks work. All loans are newly created money. A bank run is no longer possible, the FED will always provide enough reserves, and the FDIC insures all depositors up to 250k The danger is that a bank's balance sheet goes negative, rendering a bank insolvent. That can happen to big banks if their terrible loans fail... Which happened in 2008. It doesn't have to hurt depositors to be an issue, it can cause a credit crisis - the entire world runs on ever-renewing credit.

[@GeorgeSorrow]

oh and I thought the problems of Banking shortfalls were to do with the mixing of savings / loans with risky investment trading whereby banks are allowed to gamble the whole amount whilst only have one tenth or even one hundredth of real capital to cover the initial risk hence when their Horse doesn't come home they hit the public for the shortfall.

[@paulrivera797]

I agree with him. We all go through losses. Some lose more than others, but we all take losses. I have given personal loans to an umpteen amount of people and they can't pay back. I got to the point were I gave knowing they can't or won't pay back. There are those that do pay back. I am appreciative of them.

[@JohnGallagher-kp4nd]

I feel Mr.Buffet is correct about banks feeling entitled for bad business practices. I wonder why banks weren't liable in 2008.

[@davidjordan4770]

That we allowed a central bank to come into power again after the depression is beyond me. That the FRB didn't start raising interest slightly earlier sounds planned, that they are raising it this swiftly sounds planned. Smaller banks being gobbled up by the Mega banks and the public feels it is sad. I bet the leaders at the fed don't feel it. Their pay should be tied to the general health of the banking industry and economy.

[@DavidBruceAllen1]

What we all need to know is: This video is pushing a falsehood. Banks do NOT loan out customer's money! They cannot. It is against the law. Banks do NOT loan out any of their own money. They cannot. It is against the law. Here's what REALLY happens: A person/customer goes into a bank desiring to barrow money, let's say for a house. The bank requires a down payment from the "barrower." The bank prepares the paperwork with all of the legal jargon that makes it sound like they are "lending" money to the "barrower." The "barrower" gives the bank the down payment. (That down payment is the ONLY money being put at risk.) The so called "barrower" signs the "loan documents" and the banks funds the purchase of the house. What the bank does NOT tell you is that the bank had zero money at risk in this whole transaction. The "barrower put his down payment money at risk and when he signed the "loan documents" he actually CREATED the money for the so called "loan." YES! Those "loan documents" are then signed just like you would endorse a check without the barrowers knowledge or consent. This proves that the so called "barrower" created the money by signing those documents. Those documents are bundled together with other "loan documents" like it and are sold on the open market like any other tradeable instrument. That document is in fact money. The bank had zero money at risk and did NOT "Loan" one red cent to the so called "barrower." What I have written above is based on legal facts. The banks are in fact defrauding the public all the time. Fraud vitiates/cancels all contracts. Fraud vitiates/cancels all things. Because of the banking FRAUD all of these FRAUDULENT "loans must be cancelled. The people are entitled to keep the real property, vehicle or whatever. The same goes for credit card debt and student loans. They are all based on FRAUD! Even the terms "barrower" and "lender" are used to deceive the public so they can continue to defraud us.

[@jjk2one]

@@DavidBruceAllen1 The noble lie

[@Jackson-l3r]

Can someone remind me how buying company shares in a counterfeiting investment vehicle (infinite printing of shares) using a counterfeiting monetary unit system called fiat (usd) produces real value, real wealth in the world?

[@WilliamTillack]

Extend the Loan lower the rate. Don’t tell it’s not possible. Yes it is !!!

[@GLbetaMax]

I suggest we all allocate in Berkshire that will save us all ))

[@davidrosenau3136]

My great grandpa put his meager wages in a tin can and burried it in the yard. During the depression, he had money from the tin can to buy enough food to get by. His employer didnt lay off anyone,...they cut hours so all employees worked 2 days/wk.

[@bobtarmac1828]

Banking crisis? Maybe. But with swell robotics everywhere, Ai jobloss is the only thing I worry about anymore. Anyone else feel the same? Should we cease Ai?

[@DharmaSukhaZen]

The primary reason for going back to commuter based work, vs remote working as was the shift during COVID is because of the commercial real estate market. Remote work is the future, but we're forcing our workers to return to office buildings because they need to prop up the real estate market.

[@kasiabauer]

What a great explanation ❤