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Wednesday, September 11, 2024 7:28:52 AM
JPMorgan Chase, Goldman Sachs, Bank of America and Wells Fargo are considered GSIB's, Global Systemically Important Banks.
Meaning if any one of them fails it could create global financial instability.
Thank you @McSqueezyTheCow for creating this chart that details the risks that these big banks have taken and that too few are talking about.
Zoom in on his chart. Study the numbers . He "compares assets, derivates, credit exposure, interconnectedness, and more."
Meaning if any one of them fails it could create global financial instability.
Thank you @McSqueezyTheCow for creating this chart that details the risks that these big banks have taken and that too few are talking about.
Zoom in on his chart. Study the numbers . He "compares assets, derivates, credit exposure, interconnectedness, and more."
I can only provide my own speculation and theories. Everything I post is my own opinion and not financial advice. I am not a financial advisor. Perform your own Due Diligence.
