It was so sudden! Republic Bank of America announced its collapse, becoming the first bank in the United States to fail in 2024!

Note that this is definitely not a simple bankruptcy incident, this is definitely a global event, why do you say that? There are the following reasons, I hope it can help you!
First, since the Russia-Ukraine conflict, the United States has continued to raise interest rates for more than a year, from almost zero Intrerest Rate to nearly 6%, attracting global capital to return to the United States, resulting in a Intrerest Rate inversion in the United States.
Second, the U.S. debt has accelerated to new highs, the hegemony of the U.S. dollar has been challenged one after another, and the credibility accumulated over the past hundred years has a tendency to gradually disintegrate.
Third, bandit logic, self-interest rules, once the goal is achieved, can be overturned, just like the crude oil treasure incident in previous years, a rule, play people for suckers our tens of billions of assets, and then look at the bankruptcy of American banks, even if you deposit hundreds of millions, the compensation funds seem to be up to 250,000 US dollars.
To sum up, you can think about it, the United States is creating chaos while raising interest rates, causing global hot money to flow back to the United States, and then it is unable to make ends meet, but it can still give American citizens subsidies according to the capitation "During the epidemic", and finally eliminate the debt in the form of bankruptcy.
AS THE SO-CALLED, THE XTZ WILL BITE WHEN IT IS FORCED TO BE URGENT, AND NOW THE UNITED STATES IN THIS SITUATION WILL DO EVERYTHING IN LONED THINGS, AND IT WILL BE MORE FREQUENT TO FIND THINGS TO DO, AND IT IS BOUND TO AFFECT THE GLOBAL FINANCIAL SYSTEM.