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This compilation of financial-related insights includes videos from ITM Trading, Steven Van Metre, The Atlantis Report, and Lena Petrova.
Lynette Zang on ITM Trading talks about how the wealthy and powerful are cashing out like rats fleeing a sinking ship. Steven Van Metre says Americans are in panic mode as the next subprime crisis begins. The Atlantis Report shares news of major banks closing hundreds of branches as mass layoffs signal collapse. Lena Petrova reports on the Fed pivot and the interest remaining at a 22-year high until 2024.
ITM TRADING, INC.
Streamed live Nov 1, 2023
Like rats abandoning a doomed vessel, the wealthy and powerful are cashing out of risky assets before the inevitable collapse.
Steven Van Metre
Nov 1, 2023
Americans in Panic Mode as the Next Subprime Crisis Begins
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The Atlantis Report
Nov 1, 2023
The closure of a large number of branches by major United States banks is raising red flags. Many experts are viewing it as a foreboding indication of a looming financial crisis. In a bid to brace for the upcoming financial crisis, banks are not only shutting branches but also laying off thousands of employees. This comes as the response to mounting pressures due to factors such as record high interest rates and turbulence in the real estate market, which is leading major financial institutions like JP Morgan, Wells Fargo, and Goldman Sachs to report substantial losses. This is a huge concern among economists and they are anticipating a collapse in the economy. The reason they are reducing their physical footprint is that there will be mass withdrawals and decreased physical visits. This sets us up for a very dark winter ahead as more and more banks will face collapse.
Lena Petrova, CPA – Finance, Economics & Tax
Nov 1, 2023
BREAKING NEWS: Fed Pivots, Interest Rate Remains At 22 Year High Until 2024
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