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What it it's not just one or two, but all of them? The next step will be crucial.

Eurodollar University

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The Curves Are Telling Us There's Deflationary Money

Jeffrey Toobin: The issue we're seeing here is deflationary money. In the 1980s and early 1990s, we had over a thousand banks fail. When a few banks fail in the 2010s or in the now in the 2020s, that's a symptom of a much more serious disease," he says.Toobin: We didn't anticipate how Twitter or Facebook messages could precipitate a depository run on banks. They're looking at everything but the wider problem.

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