Buckle Up: A Second Banking Crisis is Going to Be Unleashed

August 17, 2023

Investors around the world need to buckle up because a second banking crisis is going to be unleashed.

A Second Bank Crisis Will Be Unleashed

August 16 (King World News) – Gerald Celente: In this year’s second quarter, U.S. banks booked $18.9 billion in losses, the most in any quarter since the second quarter of 2020 when anti-COVID lockdowns crashed the economy.

The number is up 17 percent from the first three months of this year and 75 percent compared to the same period last year.