Hey Satsmate Crew, It is not surprising what is happening right now, but we are seeing a clear case be made that many banks are on the brink of an insolvent collapse. The FDIC recently came out with a statement that 63 lenders are at risk of insolvency. What is insane to think about is how could we have arrived at this point. Was this done purposefully, or was this a mistake? I think the incentives of the system are incorrectly constructed and because of that self-interested actors & short-term incentives are what is running the system. The system eventually does need to break without bailouts, as bailouts just lead to moral hazard and more easy money. We need to be prepared when stuff like this does happen, because in times like this, we need to be prepared to help others out, but try to capitalize and make the most out of the opportunity that we can. US Banking Sector faces $517B in Unrealized Losses63 lenders at the risk of insolvencyEnd of years 2024, 2025 & 2026 we need to be prepared for the potential inclement weather that could come to the systemReserve requirement currently 0%There were too many loans made that will end up going bad in the commercial real estate area Even in residential, banks were handing out 2-3% mortgages left and rightNow the cost of capital is at 7-8%Consumers got a steal, banks now live in the reality of an 8% rate environmentIt is clear this administration doesn’t have everything under control and Bidenomics is a failureTo be honest it is bigger than him, the issue lies within the structure of our banking system overallThis is the same banking system that denied Wyoming’s full reserve bankThe FDIC can’t cover all of this - and if all these banks did go under the contagion could be widespreadWhy BitcoinWhy A Better SystemWhat banks do to your money to devalue your life energy and your savingsBest Regards, SatsMateBitcoin Buys: https://invite.strike.me/2MSTYGFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investmentSend us a textSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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