another spring season , another year , same old , same old – usa banks crashing ?
in the year 2023 , a lot of us banks – mainly in silicon valley – crashed – due to incompetence of the leadership in the year 2024 , in march , another bank ̵
how do banks create money out of thin air …
henry ford supposedly said – it is a relief to banks that nobody understands the banking system , otherwise there would be a revolution overnight banks follow the fractional
what caused the 2008 financial crisis ?
the 2008 financial crisis started almost 2 – 3 years prior to that. it was due to lending money for homes to people whose credit rating was less than perfect . you might have
how do banks work ?
it is mandatory for all banks to have a banking license. typically you deposit your money into a bank . it pays you some interest for it. now they take your money and lend it to ot