Wednesday, March 15, 2023

The Chinese exported Covid, did we export a banking crisis?


I thought this might be contained in just the tech sector (they've been getting rocked and no one is talking about it...even FaceBook is laying off 10K works in round and round of cuts and no one is talking about it) but now its spread to the banks? Even worse I thought it was contained in just the US, but if this is hitting Europe then what happens when its Asia, the Middle East and Africa? Want to talk about a potentially destabalizing situation for weak govts if the banks turn insolvent? Crisis Response Forces should at least do equipment checks IF (and that's a big fat IF) I'm right.

Knowledge on this is totally lacking so tell me where I'm wrong.

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