On the Brink of a Credit Event?

Another Friday in March 2023....last Friday, Credit Suisse collapsed, Now Deutsche Bank is in the spotlight. We have been talking about the fact that there is no Liquidity. Are we entering another Credit Event. I remember Lehman Brothers and Bear Stears. These events start slowly and then pick up speed.
If you cannot get CASH, what do you do? You sell assets at times and prices that are not advantageous. Dr. Nenner and I talked about getting out of Bonds in November of 2020. "Get out of BONDS". Now, these banks had been forced to buy 0% or subzero bonds and now rates are rising. Rising raters decimate a Bond Portfolio!!!
The Credit Event is COMING!
Michael's Website" www.michaeldouville.com