bitcoinaz on Nostr: 🔥 Almost half of America’s 4,800 banks are already burning through their capital ...
Published at
2023-05-06 21:00:00Event JSON
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"content": "🔥 Almost half of America’s 4,800 banks are already burning through their capital buffers.\n🔥 More than 2,315 US banks are currently sitting on assets worth less than their liabilities. \n🔥 The market value of their loan portfolios is $2 trillion lower than the stated book value.\n\nMonetary Tightening and U.S. Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?\nBy Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski, Amit Seru\nhttps://nostr.build/i/eb1f6e1230517028a71885ddd5d8801f43ba1a868276a094214bcc0891e5ab2b.jpg\nhttps://www.gsb.stanford.edu/faculty-research/working-papers/monetary-tightening-us-bank-fragility-2023-mark-market-losses\nhttps://www.msn.com/en-us/money/companies/half-of-americas-banks-are-already-insolvent-–-this-is-how-a-credit-crunch-begins/ar-AA1aDhwV",
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