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Why does the Fed. And Trump want to lower the interest rate?
I have no debt and as a result I can’t get approved for any loan
Maybe the banks became less greedy and lower the interests and the people can pay back the CC. Maybe I am dreaming 😴?
Maybe AI shouldn’t replace jobs, because those jobs support the people. The people have credit payments to make; car loans, house payments and now the credit institutions are like “oh shit” . Banks brought AI into their corporate systems and Large Learning Models. Combination of that leads to manual processes reduction which mean less work to go around on a team. That means less people needed so they transition to lower workforce needed per total output and this helps meet shareholders return. Which matters the most. AI fucked shit up, good tech but it’s gonna impact more jobs and that’s gonna smack the economy because once again, those jobs support the credit payments made into the systems for assets and consumer lending.
Love your Channel: For me, The day I quit Banks, internet, Videos and trying to become something to impress others… Will be the day I am happy. Money without Physical or mental health is Nothing but a burden and time waste. It cost zero to fast, zero to quit drinking, zero to quit screens, zero to go walking, zero to camp in nature,
Most importantly it cost zero to ignore all the people who disagree with your perspective. Do what you want and quit wasting time
This is a really great breakdown. Thank you!
As one bubble pops, another one forms, it's the classic bust and boom cycle.
I really have to clear the air on this video that is the reason why banks are getting tighter as someone who works in credit management. The biggest issue is Fraud and misrepresentation. Which in turn they have to treat all people with the same stress tests. (Otherwise we will get sued)
This past 2 years alone have had many applications when people have not filled info out correctly and as a result were declined. (Even as simple as name and address believe it or not) With a heavy fraud environment banks have really scaled back at their tolerance's for this and closed the gap on what is acceptable to protect their depositors. I cant tell you how many times I have seen someone put down on their app that their business income is 500K in revenue and when the transcripts come back it's only 350k. (declined due to misrepresentation)
My biggest advice to all is to make sure that everything is filled out correctly and be as honest as possible and you won't have a problem.
My best wishes to everyone and Jaspreet is a great asset to the community.
Wait, what. If the banks issue the loan and PROMPTLY bundle them and sell them off, leaving the places that BUY the "packaged mortgage" notes on the hook, right then why are banks concerned? It's off their books and it doesn't hurt their bottom line.
And donnie is DESPERATE for the rates to go down because he has MASSIVE LOANS OUT THERE AND NEEDS TO REFI TO GET A LOWER RATE. donnie don't care abut YOU.
Not again we had enough of this crap 💩 in 07-8
AND a fraudulent rating system that over valued the CDO’s that were being gambled on.
there is no data that says the economy is doing well. now that biden is fired, real economic numbers are our and shit is bad. the fed has tried to fight trump this long but shit is now even worse that they must lower rates. here comes INFLATION!
Credit and debt are your friends as long as you're using it cash generating assets.
More than likely the Federal reserve will do another operation TWIST-where they buy long term debt to get the 10-year treasury down in yield-this will probably be the end-the feds have 7 trillion on their books now-all time high was 9 trillion-this will inflate the stock and the housing mkt again-even higher than now-which is completely overpriced-the bigger the over pricing
the bigger the fall-its truly a house of cards-buckle up-also in 2028 Medicare is insolvent -broke-with over 110million Americans on itin 2028 economy will collapsethis is banks fault.
Ain't shit happening or gonna happen
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Have you seen NexulonAIAI yet? If not, why not?
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Have you seen NexulonAIAI yet? If not, why not?
NexulonAIAI is quietly doing amazing things in the crypto space. AI integration for DeFi, cross-chain support, and mobile wallet functionality make $NEX a token to watch. I had to Google it to believe it!
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Google NexulonAIAI! They’re combining AI, DeFi, and mobile payments. This one will explode very soon, 80x at least in my opinion.
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Anyone else checking out NexulonAIAI? This could change crypto payments completely.
Imagine getting $NEX at presale prices while NexulonAIAI rolls out AI-driven wallets and cross-chain features. Early adopters could see crazy returns.
NexulonAIAI could be the project everyone talks about in a few months.
NexulonAIAI is quietly building something incredible with AI-powered crypto payments and cross-chain DeFi. The ecosystem looks really solid, and $NEX is at the heart of it. Definitely worth checking out if you’re into next-gen crypto tech.
The NexulonAIAI platform is shaping up to be one of the most advanced in crypto. They’re leveraging AI to make crypto payments and DeFi protocols smarter and more accessible. $NEX is powering the ecosystem, and it’s worth a look.
NexulonAIAI is bringing a whole new level of intelligence to crypto. AI-driven insights, cross-chain compatibility, and a decentralized wallet make $NEX the most wanted token out there.
NexulonAIAI’s presale is live, and this platform is actually doing something innovative with AI in DeFi. $NEX could see huge growth if the ecosystem takes off.
😮😮😮😮😮😮😮😮
Bonds going wild.
My life have been better, since I started investing 4k and now earning over 20k just in 15 days.🎉
The game is rigged guys the 80s was full of recession 90s not so much 00s yes
Are bonds a good buy now?
It'll not be a repeat of 2008. It will be at least 5 times worse than that.
Four banks will be left Citi Boa well chase
Physical gold or etf??
The U.S. dollar is a fiat currency. A fiat currency’s value is primarily determined by the level of trust that the other countries in the world have in the issuing authority of the dollar which is the U.S. government. Full stop. That’s where the problem lies. I don’t see that getting repaired in my lifetime, my children’s lifetime or my grandchildren’s lifetime. The United States betrayed the free world, its allies and its trading partners. Betrayal hits different than just doing something stupid that hurts a lot of people, like what 2008 was. 2008 was fueled by greed and stupidity. This today is greed and intentional infliction of harm. That hits different.
We kind of need a crash so younger people can afford to buy a house.