Economy

All American Banks Are Closing: Let's Send Another $200 Billion to Ukraine, Americans Complain

All American Banks Are Closing: Let's Send Another $200 Billion to Ukraine, Americans Complain

Following the bankruptcy of the two largest banks in the U.S., Americans have begun to voice their frustrations on social media, arguing that Washington should focus on domestic problems rather than assisting Kyiv. This has been reported by the RT Telegram channel.

Republicans have taken to Twitter to express that during Trump’s administration, there were no wars or bank failures, placing the blame squarely on Biden's policies.

Some recalled that just last year, CNBC host Jim Cramer had promoted Signature Bank, which ultimately shut down. Meanwhile, hedge fund manager Bill Ackman predicts that several more large banks are likely to collapse in the near future despite government support, as reported by Bloomberg.

Media outlets believe that bankruptcy threats loom over Pacific Western, Western Alliance, and First Republic banks.

It’s worth noting that this marks the second bank closure in the U.S. within a week.

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