from Balaji | by Balaji

Let’s level set, shall we? On March 10, a bank with $200B in assets went to zero[1] overnight. Since then, we’ve seen the following things happen: Emergency Sunday Fed print for domestic banks [2] $2T estimate of amount to be printed [3] $18T estimate t.co/4NBFCy1BWX… t.co/XRHjWkx86B t.co/dMkrLMbhmT

To be clear, you don't need to agree with my worldview or what I think *may* happen to come to the conclusion that a banking crisis *is* happening. You also can't just assert that most banks are solvent when there is good reason to believe many of them t.co/IsnRpjwv5b… t.co/6NyyA6uJhB