Banks Just Made A Massive Change, The Same Thing Happened Before The 2008 Crash

The United States banks are standing on the edge of a severe credit crisis, triggering a financial wave of bankruptcies that is reverberating nationwide. Recent data reveals an alarming 216 percent year-over-year surge in corporate bankruptcies during 2023, reaching levels not seen since the 2008 financial downturn. Major banks like Goldman Sachs and others are sounding the alarm, warning of the impending catastrophe as the Federal Reserve’s policies and rising interest rates create a perfect storm.