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Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"

 
Anonymous Coward
User ID: 85159822
United States
01/13/2024 12:22 PM
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Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
Banking System Collapse may be scheduled.

[link to www.msn.com (secure)]

Bank of America could collapse in 2024 – Take a look

The stability of Bank of America, a cornerstone in the American financial landscape, is now under intense scrutiny. With a series of troubling financial reports and industry upheavals, the question on everyone’s mind is: Could 2024 be the year this banking giant collapse?

The Numbers Don’t Lie

Bank of America’s recent financial performance paints a grim picture. The final quarter of the previous year revealed a startling drop in earnings. The bank’s net income nosedived over 50% to $3.1 billion, compared to $7.1 billion a year earlier. While some may brush this off as a rough patch, the numbers speak volumes about deeper issues. Revenue, too, took a hit, falling to $22.1 billion against the expected $23.74 billion. This isn’t just missing the mark; it’s a financial red flag waving in the face of investors and analysts alike.
Anonymous Coward
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Moldova
01/13/2024 12:24 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
fuck boa. they are globalist scum. bank of globaltyranny.
Anonymous Coward (OP)
User ID: 85159822
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01/13/2024 12:28 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
fuck boa. they are globalist scum. bank of globaltyranny.
 Quoting: Anonymous Coward 84879520


If they go bye-bye, the whole system goes bye-bye.
KnowKnot

User ID: 86621650
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01/13/2024 12:39 PM

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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
Interesting. Earnings dropped 50%? That's definitely cause for concern. Tis the season!
What's going on, and why isn't it coming off?
Anonymous Coward
User ID: 76942275
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01/13/2024 12:53 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
May as well add this to your thread, yesterday Citibank announced a $1.84 billion 4th quarter loss and plans to layoff 20,000 workers by 2026:

[link to www.foxbusiness.com (secure)]

Between these stories on two of the biggest banks in the United States, I think we've reached that point where they can't keep papering over the losses and things are about to go downhill quickly. . .
Anonymous Coward
User ID: 86619199
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01/13/2024 01:06 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
feels so lame the way they do this. "Could XYZ happen? Take a look"

But they have to not look like idiots/surprised when it does collapse.

Got to maintain trust that the authorities were "on-top of things" and being dutiful to their public yeahsure
jab2014

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Germany
01/13/2024 01:07 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
"The event"
Anonymous Coward
User ID: 82414661
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01/13/2024 01:10 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
That corp is such a turd that the other banking turds just assume be rid of it too.
Anonymous Coward (OP)
User ID: 85159822
United States
01/13/2024 01:15 PM
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Re: Why is MSN (Microsoft) publishing this article? Predictive Programming? "Bank of America could collapse in 2024 – Take a look"
Stuff like this article will accelerate the silent bank run going on right now that has drained over $ 1 trillion in deposits from the banking system. Bank of America has over $ 130 billion in unrealized losses (called a banking stick of dynamite). On top of this, Basel II is requiring more reserves be held. We seem to be heading into a perfect storm for the banking industry.





GLP