Regional banks start collapsing
Published in
May 4, 2023
Regional banks are collapsing…
It turns out too much bad debts in the regional banks.
Banks collapsed without ever noticing is a bad sign of how economy has been deteriorated…
Particular banks from the west side of the country…
Now, we know why people making millions in the past, because regional banks issued money like crazy and leverage risks beyond their capabilities.
Since startups are extremely costly and risky, investing startups are like gambling.
Yet banks are willing to gamble without realizing they are the bag holders…
Now, everything is collapsing…
