Suspicious Activity With Mortgages at National Bank. Are They In Trouble?

National Bank has been making some suspicious moves in 2022. Are they in trouble? In this stream, we go through some suspicious activity at National Bank and take a look at their balance sheet. It's very interesting to see what is happening with real estate and the mortgage industry as we head into a recession if not a depression in 2023

The banks in Canada have some serious power to fluff up their balance sheet and write up values even though they are going down. Do we seriously know how many assets they have? Their cash position is 31.87B down from 37.97B. That's a 16% Decline in Cash position

You won't hear any news like this on any of the mainstream media organizations like City News, CTV News, CBC News, and Global News.

Please sign up for my FREE email list below 👇
https://forms.gle/W65GbBYCHyvmkcff9

Help Support My Work 👉   / marketmania  
Referral link to my currency broker Wise 👉 https://wise.com/invite/u/lukes810

🔴 FREE Spotify podcast - https://open.spotify.com/show/6J3mqWU...

Instagram 👉   / marketmaniaca  
Twitter 👉   / marketmaniaca  
TikTok 👉 https://www.tiktok.com/@marketmaniaca...

Sources
https://ca.finance.yahoo.com/news/ban...
https://ycharts.com/companies/NA.TO/i...
https://ycharts.com/companies/NA.TO/f...
https://canadatoday.news/ca/the-natio...
https://www.theglobeandmail.com/inves...

#Canada #Banks #Recession

0:00 - National Bank Suspicious Activity
0:44 - No Mortgage Portability
1:22 - Why?
2:33 - Timing
3:05 - Banksters
3:53 - What Does Porting A Mortgage Mean?
4:58 - Banking System Flawed
5:30 - Blowout Earnings. Everything Is Great.
6:50 - Bank Of Nova Scotia And National Bank
7:50 - National Banks Cash Position Fluctuations
8:30 - Dramatic Swings In Cash Position
8:50 - Banks Are Clever With Accounting
9:30 - Banks Have Huge Powers
10:20 - 16% Decline In Cash Position
10:50 - CEO or Investor Stock Sales?
11:20 - Other Banks Taking Huge Risks
Disclaimer: Some of the links in this description are affiliate links, which means if you make a purchase through them, I may earn a small commission at no extra cost to you. This helps support the channel and allows me to continue creating content. Thank you for your support!