Australian Neobank Xinja is shutting down. I hope everyone gets their money back.
Bank shares have surged on news of loosening lending requirements.
This will speed up slashing 35,000 jobs.
$1 Mortgage insurance from the banks. At least it isn’t the government stepping in.
Banks are gouging borrowers.
#Economy #Recession #RBA Major banks around the world are adopting UN principles for societies goals. References https://news.un.org/en/story/2019/09/1046982
#Banks #Finance #Money Let’s look at the “All Monies” Clause and the “Right to Combine Accounts” that our banks use and have respectively. Do we really think that we have control of our money? References