Awake-in-3D: Why US Banks Could Crash on March 12th 2024

Why US Banks Could Crash on March 12th 2024 On November 19, 2023 By Awake-In-3D Connecting the dots of what could be a major Black Swan Event. When a series of notable US banks faced collapse earlier this year, the US Federal Reserve responded by instituting an emergency loan facility – the Bank Term Funding Program (BTFP) – to provide short-term liquidity and avert a potential systemic banking contagion. However, with the expiration of this emergency bank bail-out program approaching in early 2024, questions arise about the potentially serious consequences since banks continue to utilize the BTFP today in ever…