Last warning: Withdraw your money from the US banks ASAP!

E

EmilEnchev

They set you up for a nice trap. If the US goes into hyperinflation, their influence is over. They will not choose this option under any circumstances. Most likely right now, the rich in the US are withdrawing their money from banks that will soon begin to fail. This theater about the state rescue of failed banks is just a smoke screen, for the rest of the fools, so that they don't rush to withdraw their money and spoil their plans. You will be screwed if you continue to keep the money in the bank.

https://www.elitetrader.com/et/thre...nks-and-companies-its-not-pink-at-all.370323/
 
EmilEnchev said:
They set you up for a nice trap. If the US goes into hyperinflation, their influence is over. They will not choose this option under any circumstances. Most likely right now, the rich in the US are withdrawing their money from banks that will soon begin to fail. This theater about the state rescue of failed banks is just a smoke screen, for the rest of the fools, so that they don't rush to withdraw their money and spoil their plans. You will be screwed if you continue to keep the money in the bank.

https://www.elitetrader.com/et/thre...nks-and-companies-its-not-pink-at-all.370323/
More...
Nowadays newbies enjoy teaching others.

They don't want to learn.

OP did not know we are traders And not investors.

All the best or worst to the OP
 
Snuskpelle said:
at the moment (not at the money here obviously)
More...
Thanks.

My first guess was that he was going into the ATM business, as it has
been declining for the last few year and there would be bargains galore.
"The slow move toward a cashless society is helping to send the ubiquitous ATM into decline around the U.S., presenting challenges for those who still largely rely on cash.

After peaking at 470,000 ATMs in the U.S. in 2019, the number of machines has declined annually over the past few years to 451,500 at the end of 2022, according to data tracked by research firm Euromonitor International. The reason: Many people quit using cash during the pandemic and haven’t gone back, said Kendrick Sands, consumer finance research manager for the London-based firm."
 
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