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Just what we need, potentially another banking collapse. The timing couldn't be worse.

Are there any good forecasts of this looming recession? Will this be worse than the Great Depression? How long will it take things to snap back?

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The timing isn't random. In an economy as debt-addled as ours, any time there is a major economic crisis the banking system is going to be exposed and require a massive bailout.

This is obvious to everyone, so it is either by design or the elites are indifferent to the situation.

My thought is that the banks won't be failing here. They are in much better shape than '08, have tighter policies, and perform stress tests.

That's a common refrain but just how true is it considering the shadow banking system? People said similar dismissive things in 2008, too.

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