by Tiredworker27

“Combined, First Republic, Silicon Valley Bank and Signature Bank held more in inflation-adjusted assets than the 25 U.S. banks that collapsed in 2008.” t.co/o1ENhsZhU3 pic.twitter.com/J6999PswHa

— Michael Jackson (@WorkMJ) May 3, 2023

Combined bank failure losses in 2008/9 adjusted for inflation were around 550 Billion. Inside 2 years.

Inside 2 months the bank failures of Republic, Silicon and Signature stand at 570 Billion.

But we will not be in a recession/depression and the economy is doing great.

I feel by the top of the yr it’s going to collapse completely – yet many persons are still convinced by the propaganda that all the pieces is okay.

Banks be needing suspenders now