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112,260 Views โข Apr 29, 2024 โข Click to toggle off description
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Republic First Bank has Collapsed into Insolvency becoming the first official Financial victim of the rapid rise in Interest Rates in the USA over the past 18 months. In this video I provide more details on the collapse and discuss the possibility of more bank failures in 2024.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:15 FIRST REPUBLIC COLLAPSE
4:31 REASONS FOR FAILURE
12:05 FAILED BAILOUT
13:25 AUDITORS
15:05 USA BANK FAILURES
16:40 SUMMARY & CONCLUSION
#republicfirstbank
#globalfinancialcrisis
#SILICONVALLEYBANK
#SILVERGATE
#bankingcrisis
#signaturebank
#usa
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
Views : 112,260
Genre: People & Blogs
Date of upload: Apr 29, 2024 ^^
Rating : 4.942 (100/6,767 LTDR)
RYD date created : 2024-05-16T05:23:59.023462Z
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YouTube Comments - 389 Comments
Top Comments of this video!! :3
This is the first & only fully technical breakdown on this failure I've come across.
A lot of lessons to be learned in this presentation. Nicely done, Thanks for your time puttting this together.
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50 or so banks A YEAR EVERY YEAR fail in the US. You gotta contrast this with HOW MANY banks are in the U.S. All 32 branches are re-opening by Saturday as Fulton Bank.
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Let you know that Republic First Bank is NOT a peasant bank. It is a specialty bank that deals in retail. It also only have 20 branches. So I am not worried at all. In fact I said good that it failed. It is not the responsibility of the government to bail out failing businesses.
106 |
Glad Joe is back and in his flow.
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THIS is main Joe Blogs. Great work ๐ thanks!
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Seems to me it boils down to poor management of the bank and not being willing to face the situation honestly. When their best answer to bad news from the auditors was to fire them you have z huge problem.
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Brilliant info, thanks for sharing much appreciated ๐
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Joe gotta love you for that intro, never rename the channel using first or republic in any way
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Ironically I quit working for Fulton Bank last November.
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Thank you for covering this important topic -this information should be appearing on my bank statements.
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Thanks for the heads up Joe. Always a fan and I always tell people to check yeah out.
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Thank you Joe. Please keep us up to date. A lay person will not always understand anyone
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It makes you wonder how many more banks are in the same situation and are going to go bust.
3 |
Clear presentation! Thank you, Sir!
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Thanks!
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Brilliant video thank you
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Thatโs so cute trying to get his toy outside. ๐
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Alright!! He managed to get it thru the door!! Great video as always!
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It was kinda cool hearing Joe say the name of my city โPhiladelphiaโ๐๐ฝ
2 |
@sunshineretired2582
2 weeks ago
when I was talking to a guy who works on wall street about Republic bank going under he said not to worry because thousands of banks go under every year. not sure I should listen to him or trust him.
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