US should form a fund in anticipation of more banks collapsing...

sgbuffett

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12-03-2023, 09:42 AM

My take is this. The big 6 banks in US are well managed and capitalise so they are like massive stable rocks.

Unfortunately, there are 5000 banks in the US serving all sorts of niche and segments of the economy. There is 600B loss I'm treasuries and MBS based on market prices. These are okay if held to maturity but if there is a run on the bank the bank js forced to liquidate at market prices they wil collapse.

That is what they did in 2008. Use your tools early. Be ahead.

Fed and US leaders are behind all the time. They wait for things to happen then act.

https://m.investing.com/news/stock-marke...ys-3028198

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

(This post was last modified: 12-03-2023, 09:55 AM by sgbuffett.)