"The Looming Bank Collapse"

This is a must-read horror story that illustrates how banks not only weren't chastened by the 2008 financial crisis, but learned that they are immune to being stopped from taking risks that could literally destroy our economy. And the COVID pandemic is providing the kind of circumstances that could trigger a chain reaction that can get us there. It's a long read, but stick with it; it's important.

The Looming Bank Collapse

The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.

www.theatlantic.com