Something big has happened! Bank of America depositors' deposits have been "cleared"

Seriously, there is a reason why Buffett "ran away" ahead of time. During the National Day holiday, a large number of Bank of America depositors reported that their deposit accounts showed a balance of 0, but their credit card accounts showed normal, which was very strange.

Later, Bank of America said it was because of a power outage, some said it was because of a system update, and some even said it was a hacker attack. Regardless of the reason, it's a bit ridiculous to say that the power outage only stopped the deposit account, but the loan account was fine? One bank account, two power systems? Or is it deliberately operated to cover up something?

Recently, the price of Bank of America's credit default swaps has suddenly risen. The higher the price, the greater the risk of default of Bank of America. This strange operation of Bank of America reminds people of Lehman Brothers in 2008. The crisis in the United States is about to be covered up, which is why the Federal Reserve is in a hurry to cut interest rates by 50 basis points.

However, it is too late for the Fed to cut interest rates. Look at what Buffett is doing? He has been reducing his holdings of Bank of America shares since July this year. His holdings are about to fall below 10%. At that time, the speed of selling stocks will only be faster. In fact, July this year is the best time for the Fed to cut interest rates, but it has been delayed until September. It is too late to cover up the crisis. Buffett, as an "insider", realized the seriousness of the crisis and cashed out in advance.

You know, Buffett now has 300 billion US dollars in his hands, and half of Apple's shares have been sold. It is conceivable what will happen to the US stock market next. A financial crisis similar to the 2008 subprime mortgage crisis is likely to happen again in the United States, and this time it will start from the US banking industry.