Hey Guys,
As you might have noticed, the banking sector isnโt in the best shape these days. This is ultimately due to a combination of unrealised losses, and the risk that uninsured depositors could start to withdraw.
Before you roll your eyes, consider that hundreds of banks are still at risk of going under. In fact, depending on the circumstances, up to a third of American banks could go under in the coming months.
This was discussed in a recent study which I break down in todayโs video. I also use some of the findings from the study to tell you how to spot risks in the banks you use, and why you should consider crypto.
Enjoy!
~~~~~ โ๏ธ ๐ Useful Links ๐ โ๏ธ
โบ Bank Run Study Full Text: https://papers.ssrn.com/sol3/papers.c…
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๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
