See, I told you the fed is deliberately pushing all the weaker...

See, I told you the fed is deliberately pushing all the weaker banks off the cliff . . . .

Fears of contagion reignited by first US bank failure of 2024

Republic First seizure signals more bank failures to come, experts warn.

The Fed's rate cut promise has caused banks to drastically 'mismark' their books, says Larry McDonald. The Bear Traps Report founder Larry McDonald says the New York Community Bank collapse speaks to a greater economic problem.

"The cause is twofold: higher-cost deposits exceeding the yield on low-yield treasury securities and similar investments held by banks, and the deteriorating commercial real estate market and commercial real estate loans," said Lynyak, who specializes in bank receiverships and failures.

"This bank failure indicates that additional failures will occur and will range between smaller community banks and larger banks," said Joseph Lynyak, a banking attorney at Dorsey & Whitney, regarding the seizure of Republic First by U.S. regulators.

https://www.foxbusiness.com/markets/republic-first-seizure-signals-more-bank-failures-to-come-expert-says