Banking Crisis: Dominoes Falling Faster, Systemic Event Imminent
The banking industry is in crisis, with the collapse of several major banks leading to fears of contagion in the regional banking sector and experts warning that half of America's banks are potentially insolvent, putting us in the early stages of the next major financial crisis that will likely get worse, with banks tightening their lending, causing economic depression and credit market distress, and with the odds of something bringing this house of cards down increasing.
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#bankingcrisis #financialcrisis #economy #stocks #investing #debt #bankruns #PacWest #WesternAlliance #FirstRepublic #MorganStanley #lending #credit #globalmonetarysystem #FedNow #economiccollapse #recession #dominoeffect #contagion #bankfailures #insolvency #blackswanevent #preparation #chaos #survival
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