Flaws: A POV of modern banking

Today in this post, we'll speak to the people of the world, about what modern banking is about

One

Salvage funds for high networth individuals.

Two

High speculation on futures, but where majority of the folks investing in futures have minimal knowledge, except a few.

Three

Excessive centralization, and zero flexibility, with a few exception.

Four

High corporate debt.

Six

Lack of transparency due to point no three.

Seven

Lack of trust, due to all above points.

This in short is what modern banking has become. Although these are just a rough estimate of what truly goes on in the banking sector.

The first thing that must be done is improve transparency and trust between banks and the corporate.

This by far is the most important thing, that needs to be done.

Secondly, reduce debt, wether it is overseas or caught up in VC funds.

Thirdly, educate folks, on the benefits and risks of each financial product, without any PR.

Hope, this short post is helpful in understanding the current situation in the financial markets.

Have a good day

This image has been edited using A.I tool DALL - E.

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