So the Federal Reserve said the banking system is just fine because a bunch of banks passed their stress test.
JUST IN: Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
— unusual_whales (@unusual_whales) June 28, 2023
How much do you want to bet that at least one of these banks that passed this so-called stress test fails over the next year or so?
I’d say the chances of that happening are quite high. We’ve already had several major bank failures this year that none of these assholes saw coming. I have no faith in their stupid bullshit tests.