Major banks CRASHING in 2024 (ECONOMY in trouble!)

Republic First bank failed just over a month ago. Since then, the economic landscape has shaped itself in such a way that it is likely to lead to more bank failures in 2024. In this video, Chris Kirkpatrick touches on the key points that will lead to more bank failures and shares what you can do to not only protect yourself, but thrive in the opportunity that is bound to be created in the aftermath.
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📖 Chapter Timestamps Here ⏰
0:00 Intro are more banks about to fail?
1:28 Elevated Interest Rates Will Lead To Banking Failures
6:00 Is the banking System A Ponzi Scheme?
8:00 The Fractional Reserve Banking System Is Actually The Reason Banks Will Fail
11:10 The Commercial Real Estate Bubble Will Lead To Bank Failures
13:00 The Good News - Even Amidst Banking Failures
14:00 Ways To Protect Yourself During Banking Failures
16:30 Using Whole Life Insurance As A Banking Alternative
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
• How to Properly Struct...
Indexed Universal Life vs Whole Life - Which is Better
• Indexed Universal Life...
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.
So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
www.LIFE180.com
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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Пікірлер: 6

  • @JoeC5050
    @JoeC505026 күн бұрын

    $JPM went up high today!!

  • @LuisValdez-mm9vt
    @LuisValdez-mm9vt26 күн бұрын

    So, if it has no reserves. F3d3r@l R3s3rv3 is a deceptive name because is not even Federal

  • @LIFE180

    @LIFE180

    26 күн бұрын

    100%. Agree or disagree?

  • @Paka6267
    @Paka626726 күн бұрын

    Has it ever happened, and do you think there is the possibility for Insurance companies to limit and or halt loans from policies? I’m still concerned that the cash value asset portion of our policies is still in fiat money. Thoughts please. Thanks for all of wisdom and knowledge.

  • @LIFE180

    @LIFE180

    25 күн бұрын

    First off, every dollar in whole life general fund needs to be accounted for. There are 100% reserves in place. Second, yes, it's in fiat money due to the USD system we live in. If anywhere will pivot, it will be insurance companies due to their ability to pivot the underlying assets in the general fund. When you put your money in whole life, you are having them manage the risk. That's why I love it so much. This is NOT the case with IUL....one of my main problems with IUL

  • @LIFE180

    @LIFE180

    25 күн бұрын

    And there is no ability to limit or halt loans. It is a contractual right of the policy contract