As we enter 2024, once thriving US high streets are starting to resemble desolate ghost towns as America is taunted by the ever-looming threat of yet another financial crash. If the economy is thriving then why are we seeing more bank closures than ever before and why are retailers being forced to shutter many of their branches? Many banks and retailers are being forced to close locations in an effort to reduce expenses and stem the problems caused by an impending economic crisis. Continued below the video
In the past two decades, the number of brick-and-mortar banks in the US has almost halved, a trend which shows little sign of slowing down. Data from the S&P Global Market Intelligence tells us that between 2022 and 2023 almost 5000 bank locations in America were closed permanently. In 2023 alone, two superpowers of the banking industry, PNC Financial Services Group and U.S. Bancorp, shuttered one in ten of their branches. This means that for the fourteenth year in a row, there has been a significant decrease in the amount of banks on our high streets. In the past few years, the increase in branch closures has also been driven by a shift in the banking industry towards prioritizing online services over traditional locations. While this transition is evident across the board, it is particularly affecting low-income neighborhoods and rural areas. Continued below the Goldco Ad
You know they are intent on collapsing the economy. They are doing everything needed to accomplish America’s destruction, and the continued collapse of the dollar. So protect your family , your 401K, retirement – – – – click below
The depressing truth is that the high street banking network is disappearing before our eyes. Many of these areas are experiencing what is commonly referred to as “banking deserts.” The consequence of this trend is a growing disparity in access to essential banking services, posing challenges for individuals in these communities who may face difficulties in accessing financial resources and support. Many financial institutions are embracing digital platforms and reducing their physical presence to survive. However, this comes at a high cost, not only for their customers but for their employees too. Less high street banks mean fewer jobs.
- Fed reports its largest loss in history: $114 billion in a single year. – Fast vid clip – Peter St. Onge (Whatfinger)
- $31.37 trillion one year ago today $34.06 trillion today The debt has grown by $2.69 trillion in the past 365 days, which is WAY more than the supposed US govt deficit. The US Economy is estimated at ~$26.5 trillion. The US Govt debt is growing currently at over 10% of GDP. Imagine what happens in a recession when spending goes up and tax revenue declines. – Wall Street Silver
- Total bankruptcy filings have risen 13% in the last year and business bankruptcies have risen a staggering 30%. Biden has absolutely ruined the US economy for everyone — especially small businesses. For him to pretend otherwise is immoral and insulting to all Americans. – Peter St Onge
- Kamala Harris is lying about job creation. According to the Bureau of Labor Statistics only 4.9 million jobs have been created under Biden while 9.4 million have been recovered from COVID. Kamala lies about this because the US economy has been ruined by Biden’s incompetence. P.S.
- With all bad things going on in USA…top 4: open borders, start of WW3, inflation & DEI. DEI will be death of US economy, American exceptionalism & great middle class. Can’t succeed as nation by giving jobs based on skin color instead of brains & skill. – Wayne Root
Steve Bannon: The Debt Crisis Will Destroy The US Economy – 1/10/24@RealAmVoice pic.twitter.com/LLCzv5hJA5
— DOWNLOAD.NEWS ✞ AlexJonesMinerV2 (@DOWNLOADdotNEWS) January 11, 2024
Dementia Hitler: TOP 10 MEMES – Watch MAGA – Whatfinger News’ Choice Clips
News Junkies Delight…. One visit and you are hooked…. Come over to Whatfinger’s main page. All news and more news than any other site on the net.
CLICK HERE FOR COMMENTS