Much of the “unrealized losses” the way I understand it comes from the vast amount of commercial real estate mortgages that are sitting vacant and unable to rewrite.
This is thought to be the major catalyst to bank failures and insolvency.
Watch for many large and small banks to fail by the end of the year. And when this happens, it should send the economy into a tailspin beginning the first of the year.
The media and politicians can only bury the truth for so long.
BTW, it’s not so much bail outs (as in the crash of 2008) but bail ins. Those with uninsured holdings at banks might want to protect their cash...
Bail-In: Definition and Role in a Financial Crisis
https://www.investopedia.com/terms/b/bailin.asp
Why Bank Bail-Ins Are the New Bailouts
What Is a Bailout? Definition, How They Work, and Example
https://www.investopedia.com/terms/b/bailout.asp
A History of U.S. Government Financial Bailouts
https://www.investopedia.com/articles/economics/08/government-financial-bailout.asp
“Watch for many large and small banks to fail by the end of the year.”
Just like 2012, the 90’s S+L crisis and the Resolution Trust Company, the opportunities will be epic! Bring it on.
“Watch for many large and small banks to fail by the end of the year. “
Since the isolated bank problems earlier this year, the media has been silent in regards to the bank liquidity problems. I suspect they have been told not to report on those problems in order to avoid bank runs. Even the big players are in trouble. I look for more regional banks to close soon. If not by the end of the year, then soon thereafter.