Likely drop-off post-dividend record date, page-22

My thought is the new generation 18-30 hate banks,they will go to any lengths to find alternative money ,smaller lenders that offer service and much cheaper loans will be the future.There is no loyalty with this generation and the next generation after them will be worse.We are old timers that have been brain washed ,loyal to no end on banks,i have doing a lot of reading and if banks dont change there business model they will slowly become the unwanted.Dividends will keep getting cut,paying 75% payout ratios will not work,Australia has been shielded but america knows you cant sustain 6% dividends without growing your book.Real estate has been there Savior and that is now going to change due to new regulations to clean up lending.We have been mugs paying 6% plus interest rates for years and this next generation are going to show the banks just who is in control.Banks are going to need to cut dividends rain in costs massively and share prices will fall due to the oldest aging population having to shift money to find income growth assets.
Sorry my money is not on the banks at all,at least until they serious do some changing.