A bank in Kansas with over $100 million just failed. This is the 5th bank failure in the United States this year.

Banks in America continue to fail. If the economy was strong, these banks would not be failing. These banks are failing because the economy is not strong.

I don’t hear stories of banks in China and Russia failing like this. Do you? Seems like their economies are doing fairly well in comparison to what we see happening in the West.