[Bigiron]

US Authorities Shut Down Two Banks In One Week, Combined Assets Amounted To S$428 Billion 🏦🏦🚫

The closures of Signature Bank and Silicon Valley Bank mark the second and third largest bank failures in US history.

👉 https://tsl.to/usbanksshutdown

@mustsharenews

[Manthink]

Wow! After saying not going to bail out banks, US Fed made a sudden U-turn to, again throwing US$ at imploded US banks...US Gov is like a Superman whenever their regulatory policy and practices fails....

More $ printing to come ?

https://seekingalpha.com/news/3946691-us...r-us-banks

[singlon]

[Manthink]

...all these happening with the background US debt ceiling, funding the Ukraine war, sanctioning cheap Russian oil, a less-friendly Saudi switching to RMB, and China reducing U.S. Treasury holdings ....

https://www.marketscreener.com/news/late...-43183738/