😳 The US economy is on the verge of collapse…(#JasonSmith )
1. Unrealized losses of US banks on securities are now seven times higher than at the peak of the 2008 crisis - already $ 512,900,000,000.
2. The number of "problem banks" increased to 66 in the first quarter of 2024 (FDIC data).
3. Regional banks account for 70% of outstanding debt on commercial real estate.
4. The number of full-time jobs fell by 1,000,000 in a year.
5. In 3 years, the government "burned" 2,100,000,000,00$ excess reserves.
6. The US national debt has already increased to $35,300,000,000,000+.
