I’m not the only one saying that there are serious problems with the banking system. Even Jewish economists like Nouriel Roubini are coming out and stating the obvious reality of the situation. Roubini has said that most banks in the United States are either insolvent or close to insolvency.
Most of the US's banks are technically near insolvency, famed economist Nouriel Roubini sayshttps://t.co/V6MSfseUqj pic.twitter.com/RwO5i4RXqH
— RT (@RT_com) April 1, 2023
Nouriel Roubini, CEO at Roubini Macro Associates, warns of an “eventual” economic and financial crash due to a combination of debt and higher interest rates https://t.co/CNKMMPID68 pic.twitter.com/0M99VvhDpW
— Bloomberg TV (@BloombergTV) March 31, 2023
Maybe taking interest rates to 0% for years and reducing reserve requirements to zero was a bad idea ? pic.twitter.com/d9drroZeY9
— Wall Street Silver (@WallStreetSilv) April 2, 2023
It is worth noting that Roubini correctly predicted the 2008 crash and there’s no reason to believe he is wrong about what’s happening now.
More and more people in the corporate media are raising the alarm bells about the many problems with the banking system and the perilous state of the US Dollar. They are just too big to ignore.
The economy is like an elephant that keeps shitting all over the place. You can only ignore the elephant and the shit exiting the elephant’s ass for so long. At some point you have to admit that there’s a problem and address it in some capacity.
