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Here Comes The Next Wave In the Bank & Currency Crisis

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First published at 04:44 UTC on April 30th, 2023.

#bank
#inflation
#crisis

DavidJensen

David Jensen

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Banks have already been hit with balance sheet losses due to asset value declines from rising interest rates.

Default is the next wave to hit the banks from the Fed’s interest rate shock as citizens, corporations, and government are unable to serv…

Banks have already been hit with balance sheet losses due to asset value declines from rising interest rates.

Default is the next wave to hit the banks from the Fed’s interest rate shock as citizens, corporations, and government are unable to service the $93T total system debt.

My social media platforms:

Substack: jensendavid.substack.com
Gab: gab.com/DavidJensen
Gettr: gettr.com/user/JensenDavid
Telegram: t.me/Global_Political_Events

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