Why U.S. Banks Are At Risk Of Failing

[@nicolasbenson009]

A failing U.S. economy and elevated global tensions reduce the likelihood of prolonged inflation or higher long-term Treasury yields. I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

[@BridgetMiller-]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

[@tatianastarcic]

True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

[@berniceburgos-]

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

[@tatianastarcic]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@Michaelparker12]

Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

[@Jamaal67i]

Prolonged inflation or higher long-term Treasury yields are less likely in the event of a failing U.S. economy and significant international tensions. I've witnessed people accumulate up to $1 million during times of distress, and even do it with ease during prosperous times. Without a doubt, the bubble/collapse is making someone wealthy.

[@Peterl4290]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

[@larrypaul-cw9nk]

As it turns out, I was fortunate enough to be exposed to personal finance at a young age. I began working a full-time job at the age of 19, bought my first home at the age of 28, lost my job at the age of 36 due to the COVID-19 pandemic, and immediately sought advice from a skilled advisor to help my finances. Fortunately, since then, my wealth has grown steadily, reaching around $1 million after more investments.

[@sabastinenoah]

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

[@larrypaul-cw9nk]

Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@sabastinenoah]

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.

[@lawrencedyke]

The bank crisis isn't over yet, and experienced individuals know credit crises don't end quickly. Some find it amusing that some think it's resolved, but in reality, we're headed for a major economic downturn due to this credit contraction.

[@SeanTalkoff]

Many people forget that banks are for-profit companies. I prefer to invest under direction, take advantage of the perks, and save for retirement rather than putting a sizable amount of money in a bank.

[@SeanTalkoff]

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@calihuntfish7163]

Banks in 2020: borrow any amount!!! Banks in 2024: oops lol

[@jallen1227]

Democratic public health adminstrators and Teacher's Union in 2020: we need to close the economy to slow the spread while allowing all rioters to destroy cities Democratic city leaders in 2024: why has my commercial real estate tax base collapsed ? Where did my tax base disappear to - guess the rich are not paying their fair share (and by the way, we are still paying a lot of money to illegal immigrants while homeless American citizens suffer)

[@stevenhenry5267]

Mostly right wing bullshit

[@veronicasmemories]

As someone with less than $250,000 I never feel affected by these headlines

[@joshuakelleher-bw5dg]

You actually trust the FDIC?

[@mavricxx]

Well, do you feel better knowing there will be less bank competition? Look at what's going on with the Boeing, they're the ONLY American commercial aircraft manufacturer other than Airbus. Now we have all sorts of problems because lack of competition. The same thing is bound to happen with banks. Less competition =higher loan interest rates, higher bank fees etc. It will affect EVERYONE but the rich who don't care about interest rates.

[@samanthaporter6662]

😂🤣

[@MNIU_]

@@mavricxxso what are we supposed to do? Lol caring doesn’t change any of that , should we put money into a smaller bank knowing it may fail?

[@KylerTony45]

You should be investing that truning it into $1 million.

[@RomeroCarmen-4]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@danutalucia]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@Mariagreta-gv9le]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@Adrianaluca-um6ny]

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?

[@Mariagreta-gv9le]

Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@BrianYamabe]

The problem with bank consolidation is the same as only having a few cloud providers. Really easy to de-bank an entity based on ideology.

[@adamv6753]

Graham, the issue with bank consolidation is it reduces competition and increases cost at the customer level.

[@camronrubin8599]

Bailing all the banks out isn't good for competition either

[@davidfocardi8516]

Pretty crazy he doesn't see that with all the success he's had. Monopoly is NEVER good... And that's why communism or socialism, or any other totalitarian regimes also don't work

[@echolee337]

How are you supposed to spread out your wealth among banks if there are only three?

[@adamv6753]

@@camronrubin8599 i never said to bail them out. In my opinion they should fail and fdic should kick in up to the limit.

[@adamv6753]

@@echolee337 you cant lol, if we only had three banks 750k would be max fdic and then i think another 1.5m in spic if you plan appropriately.

[@brucevann7129]

Concentration in the banking industry is a major problem because they no longer compete against one another. Last time inflation was high they paid actual interest to depositors. They no longer do that now as they’re colluding.

[@MariaDakargulia]

Seeing how financial markets ebb and flow reminds me of past events. Artur Grandi's book provides a clear formula for stabilizing investments and delves into options like cryptocurrency investments.

[@Durty_s30]

Thank you for posting videos consistency. I look forward to them every day 😅

[@TheGrahamStephanShow]

Glad you like them!

[@MrQuickBone]

Fun little behind the scenes insight into how Graham does takes. One got through edit. "Which is just kind of the way it is already" x2 😂

[@TheGrahamStephanShow]

lol oops

[@ryanstevens2722]

Republic Bank on Phila failed last week and was merged into Fulton Bank of Lancaster, PA. The FDIC insurance of $250K was last raised in 2008 - 16 years ago. The amount is prob too low given inflation and the size of the US economy. I propose at least a $500k limit to inhibit runs on any bank by the larger depositors.

[@TheGrahamStephanShow]

Interesting!

[@isiddiqui5162]

I'm voting for you next cycle

[@antman7673]

You can circumvent the insurance limit by having multiple bank accounts. -In that case you would or could have multiple insured accounts for the cost of probably multiple fees. Might be worth it in some cases.

[@vezzamusic]

Never had a bank fail on me before, until this week. - Graham you should really consider doing a video on Vernon Hill

[@thedude5040]

In 2007 it was only $100k. I really don't think fdic is ready to insure a higher limit. I do believe payroll accounts should be able to like $25M in FDIC insurance

[@nat3b802]

When banks are too big to fail, that is when there is no accountability or liability of mismanagement. Just like in 2008, no one was held liable for the banks investing in subprime loans, they just got bailed out and CEOs and C-Suite suits were let off with a slap on the wrist. Graham even said that they will hopefully pass off the savings onto the customers.... you mean like the 0.01% interest rates these larger institutions are offering on your money? You need smaller/local banks to offer competition, and they usually give customers a slice of the cake instead of crumbs....

[@silentstorm5439]

yeah I like the 4.6% SoFi offers me and 4.9% for savings from Citbank. Chase was giving me .001% lol

[@overman2306]

Fractional reserve banking should be banned.

[@ethanhawkins3052]

I disagree but no bank running that practice should be fdic insured. too much risk for the taxpayer to bail out

[@alr6111]

Omg youre a genius

[@joeb5183]

JP Morgan is not going to let a good crisis go to waste.

[@doctorgames101b]

Banks in 2008: We love CDS and borrowing Banks in 2024: We are now "Zombie banks"

[@ryanyu102]

In short, money printer is gonna go BURRRRR!!!!!! soon

[@joshuakelleher-bw5dg]

Already has. Most just don’t realize it yet.

[@Dswope87]

Rates go up meaning more money supply is needed to service the new debt. So they will have to print more to cover the higher rates. If not they would be taking money out of the system. Good for the Value of the Dollar. Bad for the system they built.

[@SimplyJack3]

Concetration is a worry to them, because they can charge higher fees, poor customer service, lack of services to certain groups or demographics. Etc etc etc

[@adrianacuna8331]

I'm curious why GS doesnt see the problem with banking concentration. He just seemed to gloss over it. In reality, if a bank is too large to fail, it becomes incumbent upon the govt and the tax payers to bail them out and then they just go and do it all again, further enriching themselves.

[@freespaceace1]

In your last video did you not just state : "I don't know why people don't trust banks?"

[@JackKen649]

Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally…

[@drinkkatie1395]

I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.

[@Paulakanyutu]

I wonder what the best opportunities to invest now are, There are lots of opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks market every now and then

[@justinnicasio1306]

it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research

[@ZeeMatthias]

"That is why I enjoy having a portfolio-coach guide my day-to-day market decisions, because their entire skill set is built around going long and short at the same time, both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, and when combined with the exclusive information/analysis they have, it's nearly impossible not to outperform. I've been using a portfolio coach for over two years and have made over a million and fifty-seven thousand dollars"

[@MelanieJuliette305]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@jujubees711]

Thanks for covering this Graham and giving your take. I watched the CNBC story last night. It's story like this that creates a scare and makes people want to withdraw all their money. I wonder how many did today after this story aired.

[@PassportBrosBusinessClass]

America has s credit card with $34,000,000,000,000 owed but can’t make the payments and NEEDS a higher CREDIT LIMIT!

[@TheFourkingluigi]

I appreciate you so much for braking down the concepts and terms of the financial world. 🙏

[@daltonscott6893]

Make a yotta video, the bank graham owned and went under. Instead of owning up to it, he deletes his videos.

[@divyanshsh]

Destruction of banking is 'required' To bring in CBDC Digital currency doesn't require a bank

[@fudogwhisperer3590]

Banks with no reserves, holding treasury's that have lost value, holding commercial real estate assets that have to be refinanced at higher interest rates that are sitting vacant. What could possibly go wrong. In my opinion they're all insolvent if for some reason they have to realize their loss's. Can they wait out the high interest rates for a pivot? Due to "sticky" inflation, it doesn't look like it.

[@Rebellion1776]

The game Monopoly in real life! Of course this always ends in Tyrannical rule over the population by those who control that Monopoly, but everything will be ok 🤣

[@dystopia-usa]

Don't worry, the working-class taxpayers are there to bail them out again. Welcome to the oligarchy.

[@cheesecake5859]

However true it may be, "[likely] too big to fail" are some famous last words

[@stevedambro5709]

What you said about things going on behind the scenes when a bank fails is very true. My regional bank failed last week. On friday at the end of business the FDIC shut the bank down and sat morning it opened as another bank that the FDIC lined up. Which im sure takes time to set up. Seemless transition for customers. One article i was reading said thet doing it this way limits the chances of creating a panic.

[@krsma86]

I don't see what's the problem, they can print some more money and bailout the banks for a modest interest rate... Mighty printers are always ready to go 'brrrr' :)

[@grant102384]

Printing more money = more inflation

[@ryukirito2616]

The great depression 2.0 is coming

[@Novaximus]

I blame Bitcoin/OnlyFans/Real Estate Moguls/ and everything else that doesn't contribute to society and "the real" economy. Fake jobs. Remote workers... Drop shippers. Online hustles. You can't have an all service economy. Money has to come from somewhere

[@wolflair1944]

Wow, that was perfect!🎉 ​@@Novaximus

[@Baruch-Hashem]

If you are working its a recession, if not, its a depression. Old joke, but there is some truth in it.

[@getinthespace7715]

I think the Fed is going to use this to push through their Central Bank Digital Currency. If hundreds of banks fail, it will cause Bank runs, and they will then push CBDC to "save the system"

[@Novaximus]

@@DoubleOhSilver Service is certainly a piece of the economic pie. However, you can't have village that functions with one guy doing all the work while the rest are just being entertainers or delegators...and of course the "worker" is the last of that bunch to eat, drink or have a roof.

[@AtTheLees]

You're very privileged to think that banking concentration isn't a problem. Big banks screw over poor customers all the time.

[@sweetayu]

I like your profile pic.

[@alexsierra111]

I like both of your profile pics, but he's not thinking privileged this dude doesn't spend money period he is always in a scarce mindset so please do your due diligence...

[@alexsierra111]

Big banks screw over every one literally everyone it's sentimental

[@alexsierra111]

It's not sentimental***

[@KellyPrice86]

I watched this video this morning. Very quick turn around, Graham. 👍🏽

[@satoshistand]

FDIC does their job but why would anyone sit a 6 figure sum in a low-no interest bank account. Thats insane.

[@joshuakelleher-bw5dg]

FDIC won’t be able to insure everyone for what’s coming.

[@jeffrounsville4961]

Great video

[@NiBorg]

You neglected to mention how poorly financed the FDIC actually is.

[@diego6661]

I really thought I was gonna be first silly me, love your work man!

[@TheGrahamStephanShow]

Thank you!!

[@stevel7142]

Most big banks are to big already and don't offer the best rates for services. The regional banks offer the best services. Overall, something is going to happen trillions of U.S. dollars have been put into the market causing record high inflation yet again rich get richer and poor get poorer. Best we can do is brace ourselves and prepare because there will be money to be made through every finacial tragedy.

[@mofarmmomoney3009]

What happens if the banks aren't able to raise capital due to low cash velocity, reduced lending/investment income caused by high interest rates, and smaller account deposits as reflected by stagnant GDP? Seems like a possible cascade of bank failures could occur although I'm sure the Fed Reserve will try and mitigate as much as possible.

[@xpallodoc1147]

The credit unions never have the cash on hand but they can wire your money and waive the wire charges if you’re trying to move your money to another account with another bank or whatever

[@henryfernandez2504]

All in podcast has been talking about this for the last year. Has not been completely ignored per your introduction statement.

[@Duckywucky92]

Lol. It your bank failed

[@HarryScheiner101]

Happy Thursday, Graham! What should I have for dinner?

[@TheGrahamStephanShow]

Chipotle

[@anaa03899]

​@@TheGrahamStephanShowI will invest in that😂

[@WOLF-qq2cn]

Name some!!!

[@christiansotero6037]

Could you make short video about saving money? Explaining how to strategically save money for short term and long term and an emergency fund savings? And how many savings accounts a person should have? Thank you Graham

[@sneakersaremylife1]

Yotta

[@christinab9133]

❤❤❤

[@ianrooney2275]

If we all refused to use banks maybe they'd stop charging us ridiculous fines and actually give us a good savings rate again.

[@alexlui1]

the laptop is as big as him lol

[@MachiavelliD4]

Not sure I agree the issue here is panic... the issue here is bad decision making by bank management. If people want to take their money out, they should without worrying their bank will go bankrupt

[@Sean-gj3ef]

Graham the liquidity can be provided by the Fed to take the locked up bonds and hold over to Par & give the distressed bank liquid funds to repay deposits. The banking consolidation will be worse for consumers as often we see when concentration it removes competition and thus the consumer is exploited. Surprised you don't see an issue with that. 👀🙄

[@epmike123]

Wow, that is a sh!t take by Graham regarding only having three bank options. Who do you think provides most of the loans to small- mid- sized businesses.

[@ExpensivePizza]

Graham: As long as nobody panics it'll be fine. JP: There will be bank failures... Also, FDIC insurance does have limits. If enough banks fail at the same time even the FDIC can run out of money. In short, the money printers will go brrr...

[@cryptowire]

That’s why I keep telling the community to BUY BITCOIN 📣

[@paragonknight3307]

Definitely no

[@tyler0506]

Drop interest rates for a decade to near zero %. What did you think was going to happen?

[@daniellord-vera6987]

its over guys even in canada were struggling here things need to restart everyone graham things need to change not enough jobs, income is so low,

[@hoangz24]

I no longer felt safe with yotta bank

[@davidfocardi8516]

They NEED to concentrate everything into only a few banks in order to roll out early CBDCs. It would be impossible to so with thousands of small banks all on different often customized systems... But if you only have to integrate a few of the large ones, becomes quick and easy...

[@Upgushig-ms8ix]

Does graham not realize how damaging bank consolidation is?

[@joshuakelleher-bw5dg]

He should research CBDCs.

[@PaulDeLeo]

Ben Mallah has been warning of this for months, including at his great live event hosted at one of his hotels in Tampa a couple weeks ago

[@paragonknight3307]

Bro stop 😂

[@tycameron3331]

Watched this video last night and thought Graham should make a video about this. Here we are… ✨Manifested✨

[@TheGrahamStephanShow]

Good timing!

[@joshuakelleher-bw5dg]

They’re consolidating because when the dollar dies (and it will) then they’ll have the solution already in place… CBDCs. That’s why they came out with FedNow last year, which is a digital blockchain for a CBDC. Ultimate control.

[@williamho7393]

It's The Big Short all over again

[@davidbrooks8809]

Actually you're not the only KZbinr talking about this😢😅

[@TheJoshheart90]

It’s just numbers on a computer screen they can easily just add another couple zeros

[@SeniorScriptKitty]

@Graham i am glad we think alike but SVB had assets totaling $209 billion at the end of 2022 The Deposit Insurance Fund (DIF) has $121.8 billion so i mean what happens if it runs out do we just print more Monopoly money and bail places out? just thought you could of added it to your video and use that for some views later.

[@-fakenews]

don't look too close! there's nothing to see here! whatever you do, always trust the banks and never pull your money out! your money is safest with us!

[@ianrooney2275]

So what happens when the banks that are "too big to fail" fail? 2008 but way worse?

[@SociallStupid]

Do you play RuneScape with Kevin still?

[@TheGrahamStephanShow]

Never played it!

[@ReiShirouOfficial]

@@TheGrahamStephanShowf in the chat….

[@alexconstantine192]

Please explain how people having jobs is viewed as a problem by the fed. We need current economic conditions plus unemployed; so a depression, for interest rates to drop?

[@KylerTony45]

Chase can buy out banks because they invest properly and not make risky bets like the other banks. Even big banks failed. Check the record in 2008 if you need facts. Don’t get mad at Chase for making the right moves.

[@erickbaquedano7133]

Do Credit Unions ever go bankrupt??

[@Novaximus]

again? Didn't this just happen like two months ago?

[@biboydoce8924]

Get all your money in the bank and hide it even under the bed, under the floor or in your pillow. The risk is just the same in the banks because they can freeze it without any explanation. When worst came to worst you have money to buy food.

[@macybradford2616]

Oh how lovely is Bidens America

[@rbs0648]

Make sure that you spread all your CD money among a large number of banks to stay well below the FDIC $200K cap.

[@inertiaforce7846]

$250k, not $200k. Child.

[@barnabusdoyle4930]

This is the real reason they raised interest rates. Cause a massive consolidation of banks

[@Jackson-l3r]

Bitcoin is centralizing the world’s energy storage, establishing itself as a foundational element of the global economy and the principles of generating and exchanging energy among individuals. Money is essentially energy, and credit merely imitates its function.

[@jujubees711]

I spread my money out between different banks and investment firms so as not to exceed the insured limit. It makes me wonder what billionaires do? Where do they keep their money, I understand that a lot of their money is in assets but where do they keep their cash? (I know you're supposed to keep less in the banks and more in investments, but if you're closer to retirement and kept about 50% of your portfolio out of the stock market when it was wonky. It still is wonky on some days lately)

[@joshuakelleher-bw5dg]

Billionaires don’t deal with banks.

[@reinavenus7986]

ONE QUESTION WHAT ABOUT CAPITAL ONE , HAD A GOOD POSITION , BECAUSE I WANT TO DO SAVING ACCOUNT THERE, BUT I DONT KNOW YET.

[@johncox5839]

Why aren’t they bringing this up?

[@RealPaulThomas]

If only there was another way............. 🤔🤔

[@shafiqrehman9584]

The effect of ganja

[@gabehernandez2876]

Lmao I just watched what MSNBC posted too it’s not too bright but we’ll see 🤷🏽‍♂️

[@gary.s7759]

Big bank take little Bank 🤷‍♂️

[@curtiswilken4912]

Really? I guess Lehman bros was just a regional bank

[@aygwm]

Tons of Capital, waiting on the sidelines for the fire sale of the century

[@MrFree006]

There is another account from, Graham Stephan. What's the difference?

[@hoteleandoconlafamilia]

What about Credit Unions?

[@emiliaessentials]

So what does that mean exactly??

[@veronicalong99]

What about CitiBank?

[@davidryan5819]

Graham, do credit unions fall under this potential risk?

[@DavidKlassen-y3j]

This is not a banking collapse it's a banking control consolidation so One bank will own all

[@MrSteelermaniac]

Hey Graham what about Credit Unions like Navy Federal? Thanks

[@Pretzel88Gamer]

Graham, I’ve been watching you for years and I want to say that I absolutely hate to see Yotta devolve into what it has become today. It is promoting predatory and gambling behaviors to exploit its users and it resembles nothing like what it used to. Are you still invested in the company and do you support the predatory tactics they are using??

[@arod2050]

Yotta Bank stopped giving rewards… Did Graham have the scoop first because he is an owner and made the video?

[@Brown-ku6du]

Big banks won't fail, why would they fail...2008?