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is a banking crisis imminent? what is the worst worst case?

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  • is a banking crisis imminent? what is the worst worst case?

    I'm not making any predictions. But I will tell you this. I do not bank at Wells Fargo which owns more CLOs than any other US bank.

    What is a CLO? Read on.

    (Oh heck, I forgot. You clowns don't read!)

    The Looming Bank Collapse

    The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.

    https://www.theatlantic.com/magazine...llapse/612247/

    BTW, check out this table showing the most exposed banks

    Click image for larger version

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  • #2
    Meanwhile, morons are pointing fingers at the Russkies.

    Why not the Martians?

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