Commentary by Russian military journalist Bris Rozhin is in italics.
Commentary by @banksta
[ColonelCassad] The three U.S. banks that failed this year — First Republic, Silicon Valley Bank and Signature Bank of New York — had more assets than all 25 financial institutions that collapsed during the 2008 crisis.The US banking crisis is not over yet. Regional banks continue to lose reserves against the background of the outflow of depositors' money. In addition, the Federal Reserve System has not stopped raising the key rate, which has a negative impact on banks.
@banksta - zinc
Over the past 24 hours, the crisis in the banking sector has worsened again. Some American banks fell by 20-30% in a day.
Another change in interest rates is coming.
PS. Meanwhile, the processes of global de-dollarization continue - Argentina and Brazil agreed to switch to national currencies in trade settlements. A similar agreement was signed by Indonesia and South Korea.
The head of the IMF melancholy remarked yesterday that a gradual rejection of the dollar on a global scale is being recorded.