Investing in precious metals 101

The Evolution Of Our “Too Big To Fail” Banking System

Login or register to post comments Last Post 3761 reads   8 posts
  • Tue, Sep 04, 2018 - 07:25pm

    #1

    Adam Taggart

    Status Platinum Member (Online)

    Joined: May 25 2009

    Posts: 2529

    count placeholder

    The Evolution Of Our “Too Big To Fail” Banking System

In 1990, the five biggest U.S. banks held less than 10% of industry assets.

By the end of 2017, the top 5 held more than 40% of all deposits.

(Source)

  • Wed, Sep 05, 2018 - 05:16am

    #2
    Munson008

    Munson008

    Status Member (Offline)

    Joined: Jan 29 2018

    Posts: 2

    count placeholder

    Seems par for the course

I have seen a similar “bracket” for the airline and airplane manufacturers before. I may have seen one for the big meat producers as well but that was some time ago. I bet there is one for the railroad companies before they were  nationalized (bailed out). I feel it is a function of the growth of our culture and how we organize(d) ourselves. During the beginning of this country there were many markets one could join and even make and so there were many companies serving the needs of the people. We are maturing to the point where our “free” markets are just a small offering of what the cabal wants to provide to their captive audience that can still make them a profit. 

 

I do do believe that voting with your wallet works but I think it requires quite a bit more effort than it may have in the past. 

  • Wed, Sep 05, 2018 - 05:43am

    #3

    Barnbuilder

    Status Member (Offline)

    Joined: May 07 2014

    Posts: 23

    count placeholder

    What they want

I’ve said this before and I’ll say it again.  The financial, educational and medical scams have one goal.  That is to reach out and grab every last nickle on the table before the fat lady sings. Simple as that. The seven deadly sins.

  • Wed, Sep 05, 2018 - 01:45pm

    #4
    Mohammed Mast

    Mohammed Mast

    Status Bronze Member (Offline)

    Joined: May 17 2017

    Posts: 112

    count placeholder

    Rockefeller

“Competition is sin” J.D. Rockefeller

It would be very interesting to see a chart of the consolidation of banks from the 1930’s.

This has been going on for a long time. 

  • Wed, Sep 05, 2018 - 02:02pm

    #5
    Mohammed Mast

    Mohammed Mast

    Status Bronze Member (Offline)

    Joined: May 17 2017

    Posts: 112

    count placeholder

    https://www.ft.com/content/41

https://www.ft.com/content/41af5986-5e05-11e8-9334-2218e7146b04

https://seekingalpha.com/article/4043986-expect-bank-consolidation-2017

https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

  • Thu, Sep 06, 2018 - 03:11pm

    #6

    KugsCheese

    Status Gold Member (Offline)

    Joined: Jan 01 2010

    Posts: 821

    count placeholder

    Healthcare Cartel Building Continues

CVS/Aetna and Cigna/ExressScripts, when will it end?   Trumpster hasn’t done anything to correct the core issues.  Tax cut and spending increase?  Temporary bump.  

  • Fri, Sep 07, 2018 - 11:10pm

    #7
    richcabot

    richcabot

    Status Bronze Member (Offline)

    Joined: Apr 05 2011

    Posts: 185

    count placeholder

    Fed ownership consolidated as well

When the Fed was formed as a private entity shares were owned by all the significant banks of the time.  If memory serves me there were a few thousand of them, though their ownership shares were not remotely equal.  When new banks are formed they don’t get ownership in the Fed, that remains with the original shareholders.  However, as banks which origninally owned shares are absorbed those shares get added to the holdings of the acquiring bank.  I also belive (its been several years since I read up on it) some original banks sold their shares in the Fed to other banks.   Though the original ownershp shares were public information, none of the subsequent ownershp changes are public information.

  • Mon, Sep 10, 2018 - 10:04pm

    #8
    treebeard

    treebeard

    Status Bronze Member (Offline)

    Joined: Apr 18 2010

    Posts: 551

    count placeholder

    Hold on to your seats

Looks like currency collapses in the emerging markets may be the balck swan we have all been looking for.  “They” say there is no chance for contagion, kinda like what “they” said about the subprime mortage issue.

Viewing 8 posts - 1 through 8 (of 8 total)

Login or Register to post comments