Businessman Deripaska predicts ‘a debt drama has begun’ for 250 US banks

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About 250 regional American banks could go bankrupt as a result of the onset of the financial crisis in the United States, amid rising public debt and the failure of local authorities to compromise their future. such a guess introduced businessman Oleg Deripaska is on the Telegram channel.

According to him, the collapse of the major investment lender Silicon Valley Bank heralded the onset of the financial crisis in the United States. After that, a similar fate befell several regional banks.

“It has already become clear that about 250 American banks in the region will definitely not survive this crisis. Moreover, the first heel is already dead,” Deripaska complained.

He added that the ongoing disagreement between representatives of the Republican and Democratic parties over raising the national debt limit is an “entrance” to worsening the financial crisis. At the same time, a number of negative consequences for the US Treasury can already be traced, including an increase in interest rates on debt obligations.

“The drama has already begun. And the drama about the rising Treasury debt and the agony of raising the US national debt ceiling in Congress is one of the beginnings,” Deripaska concluded.

May 23, Speaker of the U.S. House of Representatives Kevin McCarthy declarationHe also said that he could not agree with the White House on raising the public debt level. Currently, US authorities have yet to reach an agreement on the fate of the rising public debt.

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