$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency
(twitter.com)
ECON & BANK COLLAPSE 💸
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Banks also would not accept checks from other banks even bank checks. The banks would take the check but you would have to wait until the checks cleared. They would take a week or two to clear. Maybe even longer. Banks would not trust other banks.
Right. It would take a while before things would get "operational" again.