The Looming Bank Collapse: The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.

It's nothing new. If I didn't know better I'd sell everything in the traditional markets after reading that article. I think that would be a bad move. These bank shenanigans have been going on for decades, and the economy, with its dips and recessions, keeps going up as a whole. It's wrong and insane but it is what it is. My plan is to invest mostly in crypto and not to sell what I have in the traditional markets, but rather sit on it.

Evidence: a month ago everyone was saying how the market will take months if not years to recover. And just today or yesterday the Nasdaq hit 10k. It's all a fugazi, hence my love of crypto. But that fugazi is propped up by the world governments and central banks and they won't let it go down long term...maybe short term, but not long term.

/r/CryptoCurrency Thread Parent Link - theatlantic.com