China Real Estate Crisis: CCP Hides Truth To Prevent Bank Runs

1. 2024-06-14 at 11:23 PM UTC

   #1
   Charles Ex Machina African Astronaut

   According to the Federal Deposit Insurance Corporation’s first quarter report, the US banking system is sitting on a collective $517 billion in unrealized losses and has 63 “problem banks.”
   
   Those losses have been sparked primarily by a surge in interest rates over the past two years, which have driven down the price of fixed-income securities held by banks.
   
   Unrealized losses held by banks increased by $39 billion in the first quarter relative to the fourth quarter of 2023.
   
   “Higher unrealized losses on residential mortgage-backed securities, resulting from higher mortgage rates in the first quarter, drove the overall increase,” the FDIC said.
   
   I would love to know what banks are on that list.
   
   Wouldn’t you?
   
   But the FDIC will not tell us.

   
   
   
   https://theeconomiccollapseblog.com/the-entire-system-is-crumbling-major-red-flags-are-popping-up-for-banks-small-businesses-and-retailers/
2. 2024-06-14 at 11:36 PM UTC

   #2
   

   the man who put it in my hood Black Hole
   *goat laugh*