𝐈𝐬 𝐚 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐂𝐫𝐢𝐬𝐢𝐬 𝐐𝐮𝐢𝐞𝐭𝐥𝐲 𝐁𝐫𝐞𝐰𝐢𝐧𝐠?
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The FDIC reports that 63 banks are on the verge of default in US
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Banks are holding over $500 billion in paper losses.
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JPMorgan Chase CEO Jamie Dimon is warning of a debt crisis gathering.
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GDP growth is slowing while inflation is rising.
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More than half of Americans think US is in a recession.
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Mortgage demand is at its lowest in over 30 years.
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Household debt has reached a record $17.7 trillion.
Crypto is the solution
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