The really annoying thing about banking insolvency these days is the alphabet soup of bailout agencies that keep shifting around and restructuring the debt to stave off bankruptcies.  The debt is still there, the bank gets more and more insolvent because the new money comes very expensive, but it delays the inevitable collapse.  So even though the piss poor condition of the banking system has been obvious for months going back to even before the collapse of SVB and Republic and every financial guru from Dr. Doom to Jeremy Grantham and Jim Cramer keeps hooting about an oncoming train wreck, it takes so fucking long to play out it makes you want to tear your hair out by the roots if you are a follower of this kind of nonsense.  Just get it over with already!  ::)

https://www.benzinga.com/news/23/07/33155886/second-wave-of-banking-crisis-incoming-crash-could-be-worse-than-2008-global-financial-crisis-says-e

Second Wave Of Banking Crisis Incoming, Crash Could Be Worse Than 2008 Global Financial Crisis, Says Expert

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