Watch Yellen make things worse by essentially confirm this is now the new model of banking in the country.
— Jim Bianco biancoresearch.eth (@biancoresearch) March 17, 2023
The banking system now effectively has two tiers:
Tier 1: The “too big to fail” banks (JP Morgan Chase, Citi, Wells Fargo, BofA)
Tier 2: All other banks
If you have… https://t.co/qFcafachnN
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