Loans are starting to go delinquent at a frightening pace, we have seen endless “banking glitches” in recent months, tens of thousands of banking employees have already been laid off, and U.S. banks are sitting on hundreds of billions of dollars of unrealized losses. Sadly, a lot more chaos is on the way. As small and mid-size banks fail, they will get gobbled up by the big boys. Of course the big boys are scrambling to survive too. In fact, it is being reported that JPMorgan Chase will close a total of 159 local branches by the end of this calendar year…
https://www.activistpost.com/2023/12/we-are-witnessing-an-avalanche-of-branch-closings-as-u-s-banks-desperately-try-to-stay-alive.html
Loans are starting to go delinquent at a frightening pace, we have seen endless “banking glitches” in recent months, tens of thousands of banking employees have already been laid off, and U.S. banks are sitting on hundreds of billions of dollars of unrealized losses. Sadly, a lot more chaos is on the way. As small and mid-size banks fail, they will get gobbled up by the big boys. Of course the big boys are scrambling to survive too. In fact, it is being reported that JPMorgan Chase will close a total of 159 local branches by the end of this calendar year… https://www.activistpost.com/2023/12/we-are-witnessing-an-avalanche-of-branch-closings-as-u-s-banks-desperately-try-to-stay-alive.html
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We Are Witnessing An Avalanche Of Branch Closings As U.S. Banks Desperately Try To Stay Alive - Activist Post
Once a panic begins and people start pulling their money out of the banks, we are going to have a massive crisis on our hands.
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