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Economy
Banking crisis: the US economy is suffocating without an influx of new money
2023-05-03
Direct Translation via Google Translate. Edited.
[REGNUM] In any case, America will face political instability during the presidential election race, and if against this background a new recession breaks out, coupled with the collapse of an increasing number of banks, then this could already threaten the most painful consequences for the country.

In the US, the fourth bank has failed since the beginning of 2023. Following Silicon Valley Bank, Silvergate and Signature Bank, another regional bank, First Republic, went to the bottom. He has become another victim of the deteriorating financial situation in the United States, which is already threatening a new recession and aggravating general instability in America - and in the midst of the presidential race.
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