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Credit Crunch explained, Banking Nationalisation and Global Economic Crisis - What next after credit crunch and global market chaos? After bank share price collapse?

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Uploaded by on Oct 8, 2008

Credit crunch explained: future of banking after the sub-prime crisis and global markets crash. Impact on banking profits from global economic chaos, recession and collapse in bank share prices. Impact of credit crunch on wider economy. Main Street and Wall Street will both be affected deeply. Retail banking, corporate banking, wholesale banking and investment banking will become profitable again. The credit crunch following the 2007-8 banking crisis will lead to further consolidation, cuts in retail outlets and staff redundancies. This will remove competition from the market and allow greater profit margins over things like commercial loans and mortgages or current account bank charges. Coupled with cost-savings, this will result in healthy profits once the credit crunch resolves and wider economic tensions. Banking share prices are in turn likely to show recovery, which could also mean that the end cost of expensive government rescue packages may be less than feared, if they involved providing banks with equity in return for shares. Taxpayers may actually make a gain from their public ownwership of slices of banks. While huge remuneration for CEOs and Chairman of banks will come under scrutiny, and while regulation will be stricter, we can expect rewards for the most skilled bankers to once again be very generous. Interest rate cuts will also help banks indirectly by stimulating the businesses they lend to and helping to take the edge off a long recession. Video by keynote conference speaker Dr Patrick Dixon

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Uploader Comments (pjvdixon)

  • Thanks for these interesting comments - do remember to rank videos. Also see many other videos on this - see turquoise box top left. I do read every comment. Patrick

  • Please do comment on this video and remember to rank (stars on top left). Many other banking videos - turquoise box top right.

Top Comments

  • The international banks have proven to be satanists. They understood what they were doing and they are the greatest obstacle we must overcome to have a fair and just world.

  • Finally you explaind nothing. Just stressing on how about banks will become stronger at the end of the crisis. As per other comments, people need fair banking system not owned by private interests who print money from thiny air in their own interst.

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All Comments (29)

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  • Hey there! Have you tried the intellitus cash system (do a google search)? Ive heard some great things about it and my friend made crazy amounts of money with it.

  • @TheBrassHole I wish it was that simple...just an excuse and justification these morgatges are priced and written to decieve and they needed to open the door for many more people to fall for these schemes.

  • end the fed, de-centralize the banking industry, and down size big gov

  • Here in America our congress forced our banks to make bad loans or they could could get sued for discrimination.

  • Let the banks fail! If they don't want to be in business, someobne else with integrity can start a bank. Abolish the stick mARKET. Why else did banks stop giving a decent interest rate on saving accounts. In any other investment, like IRAs 401 k, stocks are set ups to steal our money! how many times do we have to get burned before we understand lying stealing and cheating and even killing is how you make money!

  • Your money is safe in a bank, just how much the money will be worth is the question. You may have 20,000 in a bank now and that could buy you a new car...4 years from now that may only buy you a bike...

  • a mattress will work better on holding my money than a bank.

    Fuck banks. They are just criminals, (above the law).

    Globalism is falling hard. The bigger they are the harder they fall.

    I best way to do something is to do it yourself.

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