There was talk about Credit Suisse collapsing a few months ago. It looks as if they have only managed to delay the collapse. Their stock keeps crashing and is now trading at record lows.

French banking organization BNP Paribas is having similar issues with their stock prompting trading to be halted.

The problems in the West’s financial and banking system is far from over. The hilarious part about all this is that the sanctions on Russia effectively have made them immune from all these issues.