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you see the banking system in general is falling apart and its falling apart predictably so because its always been a Ponzi scheme the banking contagion continues to unfold as UBS agreed to buy Credit Suisse but the Swiss bank isnt in the clear yet First Republic shares were halted during their morning tumble as First Republic plots a stock sale in U.S Bancorp USB jetted higher on an upgrade the FDIC secured a deal to sell most of signature back assets and central banks team up to enhance U.S dollar liquidity Charles hoskinson didnt mince words about the banking industry as a whole calling it a Ponzi scheme that has to be stopped in a short rant the cardano founder told a story of when Credit Suisse denied him a banking relationship as a CEO of ethereum calling it risky the tables have completely turned and Credit Suisse is all but done as it accepted a 3.25 billion dollar government-driven sale to UBS group AG hoskinson believes this is just the beginning of a public turnaround fr
