
4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson
Geopolitical Economy Report
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The Argument That Short Sellers Should Not Be Allowed to Do This Because They're Helping to Fuel the Collapse of Banks
The crisis that we've seen in the U.S. banking system is spreading, especially to medium-sized banks. Short sellers are targeting these banks because they can see that they could potentially be the next banks to go down. The financial sector isn't about making loans to industrialists to build factories and employ labor to produce more goods. It's made to make loans to gamblers because that's where most of the money's made.
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