Megabanks vs. Community Banks: The Banking Crisis Explained! ft. Peter St Onge

In this video, Peter delves into the staggering profits of America's Mega Banks, JP Morgan, Wells Fargo, Bank of America, and Citibank, showing how they thrive despite the banking crisis. Their net profit rates are mind-boggling compared to tech giants like Google or Apple. Discover the controversial secrets behind their success, including taxpayer bailouts and sweetheart deals. Meanwhile, Community Banks struggle to survive, facing a potential 23% drop in profits.

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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