Charles Schwab Lost $304 BILLION in Deposits in 2023 |

Are we talking about Schwab BANK or Schwab BROKERAGE – they are two different entities. The brokerage portion is controlled by a trustee, separate from both. When you discuss “Schwab” without the distinction, you are doing a terrible disfavor to those with brokerage accounts as well as Schwab Brokerage.

Get curency out of the banks Buy gold and silver

DRS BOOK GAMESTOP MOASS. Become a multi millionaire potentially billionaire. In a nutshell:
The entire stock market is a ponzi scheme.
Citadel securities and other hedge funds and market makers control the price of every single stock and profit from shorting and illegally naked shorting companies into bankruptcy. Theyve been doing this for decades now. Usually they can scare investors away from a company with fake news and price suppression.
For gamestop they tried to do the same but no matter what the true gamestop believers never sold.

As for DRS, it allows you to have a stock certificate in your own name instead of through proxy through brokers. DRS also takes the certificate out of the DTCCs hands which allowed the hedge funds to find locates to shares they want to short. Gamestop shareholders already have 60% of the free float put of the DTCCs hands and in their own names. This has never been done before. Eventually we will DRS the entire free float and the shorts will not have enough shares to close their positions by buying back the real shares not to mention fake shares (estimated to be in the billions) that they printed. Then all that buying pressure and gamestop shareholders refusing to sell for anything under phone number prices or even selling at all will ultimately lead gamestops share price to millions potentially billions or even infinity dollars. Effectively exposing the ponzi and taking back all the trillions these corrupt elite stole from the working class.

Not to mention Gamestop is now a profitable company that turned itself around the past few years. It is now a thriving brick and mortar store for video games and electronics, like its newest flagship store.

All this and i havent even mentioned how gamestop has set itself up to the biggest player in the future of DeFi and web 3 gaming and NFTs.

This damn country has been in "GREATER DEPRESSION #2' since 1999 at the peak of the false economic growth during the dotcom dotbomb bubble. We're still reeling from this useless crap now 24 years later with no end in sight-homelessness, poverty, unemployed, negative real GDP, corporate bankruptcies at all time highs. This countries economy and investments are just complete TRASH and GARBAGE. This includes stocks, ETF's, bonds and especially CRYPTO-just plain TRASH and a huge FRAUD and a PONZI SCHEME. And the sh*t keeps going on with about 80% of the populace loosing everything and will be on the streets folks, yup, some 280 million individuals will have lost everything with in the next 3 to 5 years. And if this wasn't bad enough, our "SOCIALIST" government just doles out billions of US dollars in foreign aid like money just grows on trees, while our economy goes into complete collapse!!! There is simply no damn money to keep up with the hyperinflation brought on by the "BIG USELESS FIVE". They are (1) The Federal Reserve, (2) The US Stock/Commodity Markets including all brokers etc, (3) The College and University System, (4) Big Pharma and our medical industry, and last (5) The US Congress. There you have it folks. Just never ending GARBAGE, TRASH and POVERTY!!!

Maybe customers got tired of near zero interest on deposits, or maybe they didn’t want the government turning their deposits into digital currency.

They didn’t lose $304 billion in deposits. Their deposits dropped 31% from this time last year TO $304 billion. 😒Meaning it was $398.24

I remember banks laying off thousands in 2001-03. Technology upgrades imo.

Ngl this is your best video so far

Well, this is a no brainer. When everything costs so much money, you have to get that money somewhere. People have been spending their savings to get by. Most people are broke now and Schwab is merging with TD Ameritrade, probably to inject money into their system. As long as the interest rate remains high, this is only going to get worse. Soft landing was so last year, don’t cha know?

ubi is coming