BANK FAILURES: “My Feeling Is This Is Just Ramping Up…It is International Now”
Mike Maloney: 5-1-2023
The banking crisis is over. At least, according to Jamie Dimon of J.P. Morgan.
After First Republic Bank collapsed over the weekend and regulators sold the firm to J.P. Morgan, Dimon remarked, “this part of the crisis is over.”
If you trust big bankers like Dimon, Silicon Valley Bank, Signature Bank, and now First Republic Bank were simply bad apples that have now been weeded out.
We’re being told that the issues plaguing banks are solved and that banks should experience smooth sailing going forward.
In today’s video, Mike examines the facts and exposes some troubling signs brewing in the banking system. We could see some other banks in trouble soon – and some of the big names might surprise you.
