This is a disturbing echo of 2007-2008, but on a far more dangerous scale.
The chart exposes a terrifying reality: the unrealized losses now haunting FDIC-insured institutions are surpassing those seen during the 2008 crisis.
The data lays bare the gravity of the situation, serving as a dire warning of the storm brewing in the financial sector.
=======================================
Joshua Yoon
@ItsJoshuaYoon
It is inevitable that R********s Banking system will falter.
Banks currently are way too leveraged.
Housing prices are in a bubble.
When things begin to pop in a domino style.
The repercussions will be catastrophic.
It is a necessary step to welcoming the QFS System tailored to make the financial system more secure without regulatory c********n.
This week will be very interesting.
We had a bloodbath today in the markets.
This Friday is the 6th, the day Trump had mentioned about things starting to change for the better.
Will something happen to Banking?
Friday was always the ideal time for these things to happen.
May be it’s nothing.
Or…
May be we are looking at an earth shattering vibration starting to rattle. We shall see.
