I think it depends on your terms. “Crisis” indicates an unfortunate event coming that we’re helpless against. Do I think pretty much every bank is insolvent right now at these rates…yes.
But the govt has proven time and again they’ll change the rules to meet any crisis (bailouts). So is banking in a crisis…maybe not. But the manipulation it takes to keep banking out of crisis puts EVERYONE into a FIAT crisis…in my opinion.
You can’t continue to manipulate the rules to benefit a few and not expect consequences. (Just my 2 cents)
LakeDiver / Mike Hall ⚡️
npub1ta…3q845
2023-03-22 15:39:16
in reply to nevent1q…3ksx
Author Public Key
npub1tayk4al06es6wmwlvpy7kqgup54rdk54w0l7l789mq88xzfv0nzsl3q845Published at
2023-03-22 15:39:16Event JSON
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