Economic Update on Recent Bank Failures
It’s been a while since our last Economic Update Video and today’s will focus on bank failures. I’ve been sick (or had allergies) for a couple weeks and so we have alot of economic news to cover because there’s been a tremendous amount going on in the world. We’ll be showing several videos in a row to capture each of the main economic areas that have seen change.
Today we’ll look at what information can be gleaned by recent bank failures. Karl Denninger did a study on these recent bank failures and from them we can see that banks across the country are not nearly as healthy as they seem. We hope you enjoy it.