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Business & Economics

Eric Trump: 'If banks don’t watch what’s coming, they’ll be extinct in ten years'

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Summary
Nutrition label

68% Informative

"The modern financial system is broken, it's slow and expensive," Eric Trump told CNBC in Dubai .

Executive vice president of the Trump Organization has made frequent visits to the desert sheikhdom in recent years .

Eric Trump lauded decentralized finance as a way to bypass the costs and lack of privacy of traditional banks.

He lambasted what he described as the slowness and inefficiency of the traditional banking system.

VR Score

74

Informative language

74

Neutral language

62

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links