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May L
Economics Explained
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Comments by "May L" (@MeiinUK) on "Do Bank Failures Always Cause Recessions? | Economics Explained" video.
@ifjNagyMiklos : This is not what is going on. This is basically business to business "profits".... I didn't even know that this bank.. could basically use their own ethos.... To actually go against themselves. It's like... A losing business. Instead of finding more customers. They... Used a credit card and continued to use the credit card to pay off their debts.... Which.. from the financial sector perspective... It's growing larger their debts. I don't even get why they are classified as a bank. It's like mixing investment banks with retail banks and the two isn't clear. Videos like this doesn't help.
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Too many activities all at once ?
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