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US Banking Crisis Sparks Global Turmoil: Uncovering Hidden Risks and Future Outlook
The US banking industry faced a startling flash crash recently, reminiscent of the crises seen in 2023 and the 2008 financial meltdown. Unexpectedly, two regional banks saw their share prices plummet amid a wave of distress signals, stirring fears of systemic collapse. While official messaging favors reassurance through press releases and efforts to conceal the severity of the situation, underlying risks threaten to destabilize not just American banks but the global financial system at large.