I made a podcast on this one the other day - feel free to check it out: https://podcasts.apple.com/us/podcast/banks-on-the-brink-of-an-insolvent-collapse/id1713038711?i=1000657871803

Anyways, I think the biggest thing that I am mind blown by is the people that run our banking system are the ones who should know best - and they don't/didn't.

I think we need more failures with no bank bailouts, but this will cause tremendous erosion and suffering in our system.

Many normies are waking up to the fact that FDIC funds and in 2008 taxpayer dollars are bailing out multi-billion dollar banks. Why - how ridiculous.

Cheap money and getting too drunk on the kool-aid for the past decade and a half is really putting us in a sour position to finish 2024 and go into 2025 with something eerily similar to past recessions.