EVERYTHING IS GOING SWIMMINGLY: Small Banks Are Teetering. Expect More Failures. “There is a systemic risk of large-scale bank failures in the U.S. in 2024 due to charge-offs and write-downs emanating from the commercial real estate sector. Bank regulators have been vocal about their concerns that the too-big-too-fail banks would have sufficient capital to cover losses and a recession. However, they do not appear to be as concerned about how the projected losses will impact the large number of community banks in the country.”
As expected by the regulators who work hand-in-glove with the too-big-to-fail banks that will scoop up the failed regional and community banks as they grow even more too big to fail.