Why Are Banks Closing?

Joe Biden Is Out, Banks Are Closing, I Clear Up Some Comments, The Trap Is Set, And Massive UCC Foreclosure Wave Just Began...

The Daily Ninja 7/22/24

Updates From The Economic Ninja

(7/22/2024)

(7/21/2024)

  • 🔥 The power of making money, saving money, and changing lives with money can transform everything about your dynamic.

  • 💰 Banks survive by loaning money and charging fees, and the Federal Reserve freezing the system to avoid collapse is unlikely to ever happen.

  • 🤔 "You can only make so much wealth by paying your bills working and then saving a little bit of money that's you can only get so much when you leverage money."

  • 🏡 Raising rent may not be worth it in the long run, as it can lead to vacancies and lost profits.

  • 💰 Front-loading interest on a mortgage allows you to become a bank and provide great interest rates to buyers, but nobody is teaching this strategy.

  • 🏠 There is never a good time or a bad time to buy real estate, it's about how much you pay for a property and your payment.

  • 💡 Helping people and making a positive impact can lead to greater success and happiness than you ever imagined.

(7/21/2024)

  • 😳 "President Biden wrote on social media that he was ending his campaign for re-election after intense pressure from within his own party."

  • 🤔 "I'm either hot or I'm cold and that's what we need in America. We need people to take a stand right or wrong."

(7/21/2024)

  • 🤯 The trap is set when people believe something that goes against their belief system is truth, hindering critical thinking and leading to emotional reactions.

  • 💰 Wealthy people use the world's economies as their chessboard and their ponds, taking advantage of arbitrage opportunities during economic collapses.

  • 📝 The agents were having YouTubers sign crazy contracts against their future earnings as collateral, showing the dark side of the influencer industry.

  • 💰 Using leverage and other people's money is essential to breaking out of the Matrix and becoming very wealthy.

  • 💰 The escrow officer admitted that the lender had been cheating people, but couldn't legally warn others signing the documents.

  • 📈 Success is not just about where you are financially, but also about the daily progress and improvement towards better financial decisions.

(7/22/2024)

Keep your head up and crush it!

-Ninja Out

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