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The Potential Banking Crisis on the Horizon
10 months ago
2.72K
Convention of States President Mark Meckler says unpaid loans taken out during the COVID pandemic have left over 60 banks on the brink of insolvency. “We’re going to see massive insolvency, a wave roll across the banking industry. What effects commercial banking affects the rest of the economy. I think we’re in for a rough ride,” he says.
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