"What you are witnessing is the consolidation and nationalization of the banking system in real time. The powers that be have lost control and the only solution is rolling the regional banking system up to the systemically important too big too fail banks where things can be more tightly controlled. A competitive system made up of thousands of independent banks isn't easy to control. Consolidation is the most direct path to the type of control they desire."

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

Very well and succinctly said 🤠