Economist's "News and Views" Monday 1-22-2024
What Does $684 Billion In Unrealized Bank Losses Mean For You? More Than You Might Realize.
Taylor Kenny: 1-22-2024
Taylor Kenney uncovers the alarming reality of U.S. banks hiding over half a trillion dollars in potential losses, setting the stage for a widespread financial crisis.
With parallels drawn to the Great Depression, Kenney reveals hidden vulnerabilities in the banking system, masked by accounting rule changes.
Download the shocking chart and stay prepared for the looming financial storm.
CHAPTERS:
0:00 Bank Loss Coverups
03:37 Commercial Real Estate Losses
06:41 Investment Security Gains & Losses
07:52 Bank Of America
The Next Stock Market Wealth Transfer has Begun
Heresy Financial: 1-22-2024
TIMECODES
0:00 Video Overview
0:15 The Difference in Wealth Held by Americans
0:47 the Stock Market is a Wealth Transfer Machine
1:44 Ownership Concentration of Stock Shares
5:20 Big Money is Currently Selling
7:18 Problems with Retail Investors
8:37 the Problem Started in 1971
10:43 The Market Playbook