14 lines
996 B
JSON
14 lines
996 B
JSON
{
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"HubID": "5206",
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"Date": "4/1/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5206__Image_URL.jpg",
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"Summary": "<p>Banks are regulated, but they lend money to non-regulated financial firms. The percentage of a bank's loans to these non-regulated firms has been increasing and shot up in 2024. Why? Because that is where the profits have been. But there are serious cracks forming in all these private lending markets. When any or all of these markets hit a wall, that means banks will experience losses. How severe, who knows. But some banks for sure may likely fail. It is important for consumers to bank with the top 3 - JP Morgan Chase, Bank of America and Wells Fargo, because these three are so large that they are systemically critical, which means the federal government will backstop them (hopefully, but in todays environment, nothing and no one is secure). </p>",
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"Notes": ""
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} |