US Banks Are Facing A Solvency Threat, The Collapse Is Upon Us

The U.S. banking system is in a state of crisis. Three large banks catering to the tech industry have collapsed in the past month, triggering panic and withdrawals among depositors and investors. The Federal Reserve and other regulators have intervened to prevent a systemic meltdown, but their actions may not be enough to restore confidence and stability. The root cause of the crisis is a solvency problem, which means that many banks do not have enough capital or assets to cover their liabilities or losses.

The Atlantis Report