Banking system is in total collapse. The government is robbing us blind. The dollar is getting more worthless by the day. Our rights are being eroded one psyop at a time. What is every conservative talking (more like obsessing over, really) about? A less then 1% minority of mentally ill people who barely have any impact on our daily lives. Its such an obvious distraction and im getting sick of discussing it. The elites are getting away with crimes against humanity every single day we talk about how gross trannys are. Lets get some fucking focus, guys.
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Credit Suisse has been a shambling corpse since Archegos Capital exploded. SIVB was a dumpster fire of poor risk management under the oversight of feminist women who cared more about shilling their ideology than bringing in less volatile depositors. Silvergate lost the dance with the devil against Soros Fund Management and took Signature Bank with it.
There's no contagion risk based on pure facts, all of these banks had significant flaws, but there's always the risk of another idiotic panic, a-la First Republic.