Banks Are Collapsing… Here’s Why

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Good job with this, I’d like to add a point that they could have avoided this if they had done due diligence back when the FED started raising rates a year ago. Plenty of people divested and reinvested when the FED started raising rates and didn’t end up having so many assets in long term treasuries. Somebody was asleep at the wheel in that bank.

Corporations when hundreds of thousands of people are laid off in a week: “We have to let the market correct itself, propping things up will make it worse”
Corporations when they bankrupt themselves: “Daddy we made a oopsie, can we pwease have a baiwowt uwu”

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