Nothing’s “crashing”. The counterfeting safety net is always there to bail them out. The end will comes gradually with insidious inflation – boiling the frogs to death slowly rather than scalding them quickly.
Don’t fret. Our FED overloards slept in this morning. They’ll fix it after they’ve had some coffee so us tax-slaves/fiat-currency-slaves will have nothing to worry about by noon.
“The banks have a stronger financial footing now than at any other time in history thanks to some of the things………….blah, blah, blah…….”
Fear not, the FDIC has your back.
LOL!!! Bullshit. Let us know when these banks are down to 25% of their “all time high”.
My guess is that the PPT will have them all made whole again by 3:30 PM. (after the trading desks have booked all those profits from being short at the open of course)