Greg Hunter – Big banks are in trouble, but you are not going to hear about it until it’s too late. Banks are losing deposits at an alarming rate.  Meanwhile, they have big losses on the books because of rising interest rates. This is all causing the biggest liquidity problems since the Great Recession.

In other words, the banks need money to cover losses and conduct business.  Record government interest payments mean Washington does not have the money for a bailout. The problem is not going to get better anytime soon, and it is getting worse by the day. You have been warned. Continue reading →