Discover the potential impact of small banks failing and the bailouts of big banks on the future of currency, particularly the potential introduction of central bank digital currencies (CBDCs). They play on the idea of a power struggle between small and big banks, and the possibility that CBDCs could be the outcome of this dynamic. #cbdc #banking #stockmarket #investingadvice... ( read more )
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Title: The Dark Side of Big Bank Bailouts: How They're Killing Small Banks to Usher in the CBDC Introduction: The financial crisis of 2008 witnessed the emergence of big bank bailouts, serving as a lifeline to powerful financial institutions deemed too big to fail. While these extraordinary measures aimed to stabilize the economy, there is a concerning dark side that often goes unnoticed – the advers...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)