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yeah - they are safe - if you have spare cash buy bank...

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BenGrahamReborn

12,631 Posts.

21

16/10/19

13:55

Post #: 40910209
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Originally posted by angor532: ↑

Van
i said they are inefficient businesses.......return on investment is not great however risk is very low and 100% underwritten by tax payer.

No other business unless its a government enterprise gets this kind of safety net.

buy money from fed reserve or offshore or use deposits and sell money at a margin

currently bank margins are anywhere from 5% up to a staggering 20% when you look at credit card finance, for a simple paper shuffle.
There is no real competition in our market.

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yeah - they are safe - if you have spare cash buy bank shares.....join the elite/globalist/blood drinkers/bilderbergs
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