Monday, May 13, 2024

"there is huge credit risk coming. the prediction of bank failures is accurate. we are going to see, over the next 12 to 24 months, banks go belly-up. then, they will have to get merged with bigger banks.”

By Prince George's County Ex-Pat
monday, may 13, 2024 at 04:03:49 p.m. edt

"there is huge credit risk coming. the prediction of bank failures is accurate. we are going to see, over the next 12 to 24 months, banks go belly-up. then, they will have to get merged with bigger banks.”

https://www.zerohedge.com/markets/theres-lag-real-economy-and-its-hitting-now-ed-dowd-warns-huge-credit-crisis-coming



1 comment:

Anonymous said...

And that's when the stock market bear market starts--maybe.In 2007,bank failures began as a preliminary to 2008-2009.

When you least expect it.

--GRA