ITM Trading: 100% Loan Losses Loom as Fed Shrinks Balance Sheet, Banks on the Brink

Ever wonder if the financial ground beneath our feet is shifting? According to finance expert Chris Whalen, Chairman of Whalen Global Advisors, the answer is a resounding yes. In a recent, eye-opening conversation on the Daniela Cambone show on ITM Trading, Whalen offered a deep dive into the evolving global financial landscape, revealing trends that could redefine how we view money, security, and the future of the U.S. dollar. Perhaps the most startling revelation from Whalen was this: for the first time since 1996, foreign central banks are holding more gold than U.S. Treasuries. This isn’t just a minor fluctuation; it’s a…