Banks are collapsing

[EuChangeLTD]

What do you guys and gals think about the recent bank collapses in the recent days?

[tradesprint]

Just like the previous economy crashes and meltdowns seen in the past i guess there is always new opportunities coming in every day while many winding up as well. One bank collapses other buy its assets and merge them.

[⭐ DoubleCycleBiz]

Perhaps there will be something like a repetition of the history of 2008, America and Europe.
And it is possible that everything has already been calculated and everything will be fine.
We'll see.

[JamesOnFire]

On 4/23/2023 at 3:05 AM, DoubleCycleBiz said:

Perhaps there will be something like a repetition of the history of 2008, America and Europe.
And it is possible that everything has already been calculated and everything will be fine.
We'll see.

In my humble opinion, history rimes but do not repeat 100%. I think hard times are scheduled ahead. Let's hope we will be able to make it well!

How do you prepare @DoubleCycleBiz?

[Rahul verma]

A run on deposits (leaving the bank without the cash to pay customer withdrawals). Too many bad loans/assets that fall sharply in value (eroding the bank's capital reserves). A mismatch between what the bank can earn on its assets (primarily loans) and what it has to pay on its liabilities (primarily deposits).