I have a tinfoil hat theory that chase is on the brink of insolvency based entirely on the fact that they're still building brick and mortar banks fucking everywhere.

This is entirely anecdotal and I have nothing to base it on other than my own observations, but seriously, it's weird. If you're in a city in the US there's probably either a newly-opened Chase branch near you, or one under construction. Who the fuck is still going to banks?

Anyway. My theory is that they're extremely over leveraged on high-interest loans and credit cards, are either hemorrhaging money or will be soon, and know they'll need lots of easily-disposable real estate for when regulators order them to start liquidating.

The audacity

What does "isn't real" mean?

Is anyone selling the false reality that meritocracy perfectly exists, especially at the highest socioeconomic level?

Conversely, what does exist is that retarded notion that developed over the last decade or two that attacks meritocracy itself (Equity vs. Equality, The Post-Meritocracy Manifesto, ...etc). A notion that replaces any serious examination of why meritocracy itself doesn't exist, for some self-serving tokenism, and some demands for high remuneration for bullshit work, in arguments that are ironically, but not surprisingly, not dissimilar to how some management types justify their high pay.

Had to look this up. It's real.

In 2008 Chase had roughly 50 million customers. That's roughly $240 per customer.

The incompetence to mess up your books that badly is staggering. But avocado toast everyone.