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

  1. #1
    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. #2
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    *goat laugh*
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