Wednesday, February 21, 2024

Banks collapse, prices go down, Credit Suisse looks for liquidity

credit_suisse_price.jpg

Global markets are literally collapsing, meaning the failure of the Western central bank monopoly is collapsing the world economy.

Credit Suisse, the world's largest Swiss bank, is now seeking external protection for its liquidity, meaning it cannot properly cover investments and is on the brink of collapse.

Germany's biggest bank, Deutsche Bank, is also in full decline.

Both major banks represent the global trends and both have lost over 40% of their total value in less than a year.

About the Author

0 Comments

No comments yet.

News Archive