Very interesting interview with former Credit Suisse Fund Manager.
Plum, he speaks too on Crypto which you might find interesting.
https://www.rt.com/shows/modus-operandi/573640-credit-suisse-bank-controversy/
https://www.rt.com/shows/modus-operandi/573640-credit-suisse-bank-controversy/
i am particularly worried by as to the bauikig out of US Banks. The problem with the whole issue is that the management of the banks were grossly mismanagement of the Banks. Regulations governing the operation of banks were disregarded. Thee state regulators did not do their jobs either. However, what was never changed were generous donations to the Democratic Party.
The above indicated that the Federal Government is awarding gross incompetence a bonus for being incompetent. Alternatively it could be regarded as "protection money" Whatever it is - it is bad.
If the Banks are start up again will they be worriedd by what happened or carry on regardless with their previous practices. My guess is that the latter will be the case.