• Now TD Bank Closes Lots of Branches

    From c186282@21:1/5 to All on Mon May 12 22:02:37 2025
    XPost: talk.politics.misc, alt.politics.usa, alt.fan.rush-limbaugh

    https://www.dailymail.co.uk/yourmoney/consumer/article-14703791/major-bank-sparks-alarm-plans-shutter-38-branches-weeks.html

    . . .

    Most of the big banks HAVE been doing the same.

    In PART it's because they did the McDonalds/BK,
    the Walgreens/CVS, thing ... ONE opens a site and
    the other JUST HAS TO open one right across
    the road. Together, not enough biz for either,
    money lost.

    The other part is the now-contracting property
    bubble. Loans made that may never be paid back.
    This happened not SO long ago - but nobody EVER
    learns a damned thing.

    (there seems to be a small influential faction
    that makes money whether shit goes up OR down)

    The overall global money/employment picture has
    not changed too much over the last years and
    likely won't change much soon. EVENTUALLY - mostly
    due to 'AI' displacing workers - but not YET.

    Oh, and I haven't heard of a single nation
    addressing WHAT to do with all those 'AI'-
    displaced workers ............

    Soylent Green ? :-)

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