Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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I agree the old system has to end. I'm more interested in a post where you state those without PMs/Crypto are going to start from 0. If you really believe that is true, is it not your duty to inform anons of this?
OK we can do this but I'll do it later. I was thinking it was obvious by this point but it seems like something that needs to be hashed out.
Thank you. I hope it gets stickied because a LOT of anons are not investing in crypto nor converting their reserve notes into PMs!
It may be a few days from now. When I do this, I want to say what I think will happen fully and well which may take some time.
I've got job fairs going on so I'm hoping I can get a job in what I've been studying for several years.It's been a very difficult time and I pray I can land me somewhere that can give me valuable experience.
Another vote for posting a thread on this....very interested to see further discussion