Submitted by JPowsSecretlover t3_127ifsn in wallstreetbets
josephbenjamin t1_jeh0qtw wrote
Reply to comment by SwimmingEnd1 in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover
Lots of people get credit from regional banks while big banks are stringent and under heavier “regulation”. If more regional banks close up or tighten up, it will create massive credit crunch. With bond prices up, you will essentially have low credit availability, since people can be more picky. It’s not simple math as most people assume. You can’t solve calculus formula with arithmetic level knowledge. Many issues are involved in this.
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