In an interview, he said that the US, Europe and Japan expect an increase in the number of banks that collapsed against the background of the impending recession. DEA News American investor Jim Rogers.
“More banks will fail, not just in the US, but in many countries. In Japan, in many places in Europe,” he said. “There are people who will make mistakes” when the economy is in bad shape, according to Rogers, and that will cause banks to collapse.
At the same time, the investor announced that the US has made public its intention to prevent new bankruptcies of financial and credit institutions, and therefore depositors are not aware of the difficulties in the banking system.
“It just makes the situation worse. This encourages people to make more mistakes,” the expert added.
On the eve of the investment division of transnational banking firm JPMorgan Chase & Co. — JPMorgan Asset Management — estimated Inevitable recession in the USA.
Also on May 17, Twitter owner, SpaceX and Tesla CEO Elon Musk declarationConsidering that 2023 will be a difficult year for the global economy, many companies in the global market may go bankrupt.