Second Largest Bank Failure in U.S. History…

[Leadeye]

Credit card delinquency rate is highest since 2012, waiting for the explination from .gov on how this is actually a good thing

After paying off student debt people will want credit card debt debt paid by government.

 

[firecadet613]

Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC says

"This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates," the FDIC said.

ca.finance.yahoo.com

• High interest rates continue to put pressure on the US banking system.
• The FDIC said the US banking system has 63 "problem banks" and is sitting on $517 billion in unrealized losses.
• Upward pressure on mortgage rates has significantly hurt the banking sector.

I am sure it is nothing. The financial system is in great shape, the fed said so.

The only banks failing are the ones they want to fail.

Credit card delinquency rate is highest since 2012, waiting for the explination from .gov on how this is actually a good thing

Nothing to see here, please just stay focused on the crisis in Ukraine!

 

[smokingman]

Goldman Sachs Fails Fed Stress Test | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com