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$1.2 Trillion Of Nervous Money Floods Into U.S. Banking System
Problem Bank List ^
| Sep 9, 2011
| Staff
Posted on 09/18/2011 3:34:36 PM PDT by fightinJAG
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To: the invisib1e hand
Not necessarily. They are only earning interest on reserves if they are able to lend them out and turn a profit on the loans, which they are not at the momemt.
Moreover, the deposits COST the banks money because they have to pay a fee to the FDIC for every dollar on deposit.
So the banks are not making money on the deposits (no loans are being made due to ZERO DEMAND in the real economy) and they are having to shell out money on the deposits to feed the FDIC.
41
posted on
09/18/2011 7:50:04 PM PDT
by
fightinJAG
(Please stop posting "helpful hints" in parentheses the title box. Thank you.)
To: fightinJAG
Sadly, I think that’s exactly where we are going.
42
posted on
09/18/2011 7:53:27 PM PDT
by
rbg81
To: fightinJAG
Let's not forget the underlying issues to a lot of this too. That being fractional banking; fiat currencies; liar loans; The Federal Reserve (unconstitutional to say the least when it comes to printing/making up assets for the reserve banks to back the US Treasury in selling more & more junk; derivatives Ponzi Scheme; Congress, the DOJ, the SEC, etc turning a blind eye, and finally: the World Bank / IMF.
Nothing but high stakes international 3 Card Monty to skim the cream and steal as much as fast as they can......to steal the fiscal futures of the working man.
43
posted on
09/18/2011 8:46:00 PM PDT
by
RSmithOpt
(Liberalism: Highway to Hell)
To: fightinJAG
Its $250,000 now, I think. ...The FDIC amount goes back down to $100K 01/01/2014 ....posted on their site.
44
posted on
09/18/2011 8:53:14 PM PDT
by
RSmithOpt
(Liberalism: Highway to Hell)
To: Former Proud Canadian
No rule of law. No English common law. No history of democracy or fairness, especially to foreigners. No convertible currency. In fact, there's also another problem: Chinese banks, unlike American banks, a also highly-leveraged, too. One wrong move in the Chinese economy and those banks will collapse like a house of cards.
Indeed, one good thing about what happened in 2008 was it forced American banks to stop being so highly leveraged. A bank like JPMorgan Chase quickly went out of their way to use TARP money to rebuild their asset base, paid the TARP loan back quickly, and as such they will likely be around for a long time to come. Indeed, do not be surprised that many European banks now suffering from the European sovereign debt crisis could become takeover targets for American banks a few years from now.
45
posted on
09/18/2011 10:17:28 PM PDT
by
RayChuang88
(FairTax: America's economic cure)
To: fightinJAG
Go for it. I’m at work this a.m.
46
posted on
09/19/2011 4:37:56 AM PDT
by
Sawdring
To: RayChuang88
"One wrong move in the Chinese economy and those banks will collapse like a house of cards."
I think that is already happening. You can't build whole cities and 65 million apartments and leave them empty. That is not a productive use of the nation's investment capital.
47
posted on
09/19/2011 5:02:37 AM PDT
by
Former Proud Canadian
(We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
To: Former Proud Canadian
Or just as bad, high-speed trains that only relatively few people can afford to ride in and have an iffy safety record....
48
posted on
09/19/2011 5:34:32 AM PDT
by
RayChuang88
(FairTax: America's economic cure)
To: fightinJAG
http://problembanklist.com/problem-bank-list/
-.02 but improving.
49
posted on
09/19/2011 6:05:50 AM PDT
by
mrsmith
To: RayChuang88
Empty factories, empty apartments, empty cities, empty malls, high speed infrastructure boondoogles. Command economies do not work. Command economies on this scale will fall big and fall hard.
50
posted on
09/19/2011 6:14:30 AM PDT
by
Former Proud Canadian
(We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
To: fightinJAG
Ya. Pretty bad. And what do we, the taxpayer, get out of the deal? Apparently nothing except maybe the shaft if the market collapses — you think the average American will get preference over the French, Germans,.... Chinese? NOT!
51
posted on
09/19/2011 11:49:15 AM PDT
by
dhs12345
To: fightinJAG
Ya. Pretty bad. And what do we, the taxpayer, get out of the deal? Apparently nothing except maybe the shaft if the market collapses — you think the average American will get preference over the French, Germans,.... Chinese? NOT!
52
posted on
09/19/2011 11:49:23 AM PDT
by
dhs12345
To: fightinJAG
Ya. Pretty bad. And what do we, the taxpayer, get out of the deal? Apparently nothing except maybe the shaft if the market collapses — you think the average American will get preference over the French, Germans,.... Chinese? NOT!
53
posted on
09/19/2011 11:49:23 AM PDT
by
dhs12345
To: fightinJAG
Not that the interest is that high these days.
Wonder if the Feds and FDIC are required to keep the “insurance” money (or a large percentage of it) in escrow or other assets just in case they need it. Probably not — betting that they are not required to follow the same laws that they require the private sector to follow.
Just a promise to pay like Social Security, etc.
And what happens if they default — just print more money I guess.
What a scam.
54
posted on
09/19/2011 11:56:19 AM PDT
by
dhs12345
To: dhs12345
Exactly.
The cash reserve is something like 0.06% of deposits at the moment.
So, yeah, it would be printing time, big-time.
55
posted on
09/19/2011 9:51:21 PM PDT
by
fightinJAG
(Please stop posting "helpful hints" in parentheses the title box. Thank you.)
To: RSmithOpt
So everybody starts scrambling to break their deposits up into multiple accounts at that point?
Good grief.
56
posted on
09/19/2011 9:55:17 PM PDT
by
fightinJAG
(Please stop posting "helpful hints" in parentheses the title box. Thank you.)
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