STOP Bailing Out Big Businesses - Airline Bailouts & Bank Bailouts

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . 🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: http://bit.ly/M2FreeNewsletter After the 2008 crash, tax payers were reassured that big businesses learned their lesson and that they wouldn't need bailouts again. Now, in 2020, the bailouts are starting all over again Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: Things You NEED To Understand About The New Economy: https://www.youtube.com/watch?v=Ziya5w6BELg&list=PLKsS_EjCEmdpTPQF64uDehmbsuHkB5P-i Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef STOP Bailing Out The Airlines And Banks 0:18 - The $700 bailout with TARP after the 2008 crash 1:59 - Who is getting bailed out during the 2020 economic crisis 3:25 - Airline companies spent $45 billion on stock buy backs and now want a $50 billion bailout 4:07 - Indirect bank bailouts 5:00 - Bank bailouts through the Fed buying bonds from banks 6:18 - The indirect bailout to buy corporate bond ETFs 7:30 - Tax payer paid bailouts are to protect a business that’s too big to fail 7:56 - The risk of bailing out businesses 9:20 - What happens when a business fails for employees through bankruptcy 10:50 - Bailouts breed market unfairness What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It's the mindset of thinking differently than the majority of people when it comes to your money. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Fundrise 1) 🏠 Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ CIT Bank 2) 🏦 CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Webull 3) 📈 Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Credit Cards 4) 💰 Credit cards are great if you know how to use them the right way. Here's a breakdown of our favorite cards: Best cash back credit cards: https://theminoritymindset.com/best-cash-back-credit-card-personal/ Best travel credit cards: https://theminoritymindset.com/travel-credit-card/ Best business credit cards: https://theminoritymindset.com/business-credit-card/ ---------- ➤Credible 5) 💸 Credible - Refinance your student loans with the lowest interest rates possible - see how much you can saving: https://bit.ly/m2RefinanceLoan ---------- ➤ Policygenius 6) 🛡 Policygenius - make sure your family is protected with life insurance. Policygenius will find you the best deal at no additional cost: http://bit.ly/PolicygeniusLifeYT ---------- ➤ Airbnb 7) 🏘 Airbnb - earn extra income by listing your home: http://bit.ly/M2Airbnb ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/WlvcOZlFrvE Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.