The Fed just launched an investigation into banks’ massive …

The Fed just launched an investigation into banks’ massive exposure to private credit, fearing it could collapse the entire banking system. This is the first step in their official crisis playbook. Meanwhile, banks are repeating the exact same risky behavior that crashed the financial system last time and forced a government bailout. They think “this time will be different”…
https://youtu.be/p9tUK6Ei1rA?si=YBEgt1mCunYtHs3j