What does the collapsing of US banks mean for the rest of the world who are still pegged to the us dollar
Discussion
Lending standards will tighten even more. Less money creation. More pressure.
It’s a domino effect nothing any government can do about it FDIC will go bankrupt if they help out everyone who has lost money up to $250k the FDIC reserves are low when they go every damn bank in the USA and then the world will collapse they can possibly postpone payments but that alone will scare people out of banks it’s coming
Yes, it looks like it’s coming