DALLAS LIVE
US Current Annual Interest Rate: $929 Billion
Apr 27, 2023
And now:
Nearly $1 Trillion of credit card debt in the U.S with an average interest rate of >20%.
Blue line generates income to pay interest on red line.
United States, 2023
These Banks Are the Most Vulnerable
Huntington Bancshares (HBAN)
KeyCorp (KEY)
Comerica (CMA)
Truist Financial (TFC)
Cullen/Frost Bankers (CFR)
Europe
Credit Suisse had to be bought by UBS
in an emergency arrangement brokered by the Swiss government.
May 1, 2023
First Republic Bank was bailed out for $63 billion
US banks hold $620 billion in hidden losses.
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