It was mismanagement that brought down the banks. And Biden rewarding the fat cat depositors to the tune of $300 billion will do little to improve the situation in the future.
Heard a report yesterday that China and Russia have a deal that requires Russia to use China’s currency in all dealings with Asia, Africa, and South America. Slowly China is moving to replace the USD as the world’s reserve currency.
You think we have problems now. Just wait until Biden is done.