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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.
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