On the other hand, maybe this time the small banks will be cannibalized by the big ones, allowing for a more centralized and consolidated control for the Reset? If that's the case, I wonder what will happen to all the small credit unions - anyone got any clues?
About the first point, and maybe the second, too - if I understand this correctly, it's looking like rural banks (and credit unions) would most likely be abandoned, not cannibalized.
Take 4 minutes and watch this https://t.co/SpZfYDFNYG
— Doomberg (@DoombergT) March 17, 2023