hearing WEF are trying to drive this earlier than planned . the graph below shows the state of play since 2008 regarding US banks
The US banking system is a gigantic house of cards. We are seeing the inevitable collapse of many banks. Just look at their levels of losses from bonds and debt securities - a much worse situation right now than the financial crisis of 2008-2009. #BankingCrisis pic.twitter.com/pqvEMyfENo
— James Melville (@JamesMelville) May 4, 2023