The Great Reset: No more cash, enough is enough – US bank branches closed doors forever.

Bank closures across the US hit a historic high in 2021 when 2927 branches closed their doors. This is according to the latest data from S&P Global Market Intelligence data. This trend is expected to continue into 2022.

"According to figures from research body Euromonitor International, the number of cash machines in the US fell from 470,000 in 2019 to 451,500 by the end of 2022."

In reference to the chart on deposits from all commercial banks, the percentage of change at annual rate for deposits have fallen into negative territory after the pike in 2020 due to stimulus cheques. This show deposits have contracted massively.

More in the Michael Cowan video.

Location: United States

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