Well, folks, as “Bidenomics” tightens its grip on the American economy, keep an eye on the banks. Turns out, the latest FDIC report just dropped a bombshell. Turns out unrealized losses on investment securities for banks are now at a whopping $517 billion. What’s driving this? Some of the blame could be due to mortgage-backed … Continue reading US Banking: Unrealized Losses Soar to $517 Billion, Surpassing 2008 Crisis