61 Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital... With corporate taxes due Sep 15 & possible gov shutdown Oct 2, the general public has no idea the banks are already insolvent entering a nightmare liquidity scenario in October...😦🤔 (twitter.com) posted 1 year ago by purkiss80 1 year ago by purkiss80 +61 / -0 9 comments share 9 comments share save hide report block hide replies
So Truist Bank (my bank), about 8 lines down on the chart, shows roughly 49 or 50% FHLB as a %'age of equity. Does that mean that Truist is solvent or not?
Looks like Truist is toast. Here is a thread about them.
https://greatawakening.win/p/17r9N71VIK/bob-michele-jp-morgans-cio-on-bl/c/