© Brighteon.com All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. Brighteon is not responsible for comments and content uploaded by our users.
Banks have already been hit with balance sheet losses due to asset value declines from rising interest rates.
Default is the next wave to hit the banks from the Fed’s interest rate shock as citizens, corporations, and government are unable to service the $93T total system debt.
My social media platforms:
Substack: jensendavid.substack.com
Gab: gab.com/DavidJensen
Gettr: gettr.com/user/JensenDavid
Telegram: t.me/Global_Political_Events