Bank Runs Will Collapse The Entire System And It's Worse Than Everyone Thought Possible [With Closed Captions]
This is much worse than everyone thought possible.
Three major U.S. banks have gone bust last year, and another one collapsed just a couple of months ago.
Though most people think these failures have set off the crisis that is unfolding right now, according to data from American Banker, this trend has started long ago.
Since 2020, 10 regional lenders have failed in the U.S.
That number climbs to 15 if we go all the way back to 2017. And jumps to 34 going back to 2015.
The truth is that the American banking system has been falling apart before our eyes for quite some time now, but we have just started paying attention to it.
Now more than ever, we should stay alert.
Experts with the financial services group Nomura have sounded the alarm last week, saying that conditions are deteriorating extremely fast in the sector. They have predicted that the number of bank failures will soar by 500% over the next 12 months.
Even Federal Reserve officials have confirmed that more institutions are going to face an inevitable collapse.
The biggest problem is that, today, about half of all deposits in the U.S. are uninsured, meaning that almost 50% of all accounts may be completely wiped out by the ongoing bank crisis.
-
56:09
World Nomac
21 hours agoSiargao Island Philippines: More than just a tourist trap 🇵🇭
49.6K27 -
12:09
Space Ice
23 hours agoBattlefield Earth Is So Bad That Screw It, The Aliens Can Have It - Worst Movie Ever
75K70 -
1:05:02
Talk Nerdy 2 Us
19 hours agoDigital Shockwaves: Unpacking AT&T's Massive Data Breach and a Surge in Global Cyber Threats
60.5K15 -
48:24
RealitySurvival
18 hours agoGlobal Prepper SITREP - NATO Makes Huge Moves Back Russia into a corner!
69K25 -
6:13
Vigilant News Network
22 hours agoPro-Biden Donors REVOLT in Stunning Turn of Events | Beyond the Headlines
68K17 -
2:17:25
Fresh and Fit
15 hours agoAfter Hours w/ Kanel Joseph
146K176 -
2:01:09
Twins Pod
20 hours agoWhat Are The Pyramids? Was Atlantis Real? Biblical Aliens? | Twins Pod - Episode 21 - Jimmy Corsetti
104K82 -
1:07:30
Havoc
1 day agoStreet Beef vs. Rap Beef | Stuck Off the Realness Ep. 4
75.7K5 -
1:15:16
Miss Understood With Rachel Uchitel
1 day agoBlogger “Turtleboy” : Karen Read Trial update Unfiltered! @TurtleboyLive
70.1K8 -
2:12:37
Fresh and Fit
20 hours agoChris Pavlovski Returns!
136K62