Has anybody found information on the average non-performing loans in the U.S. or for particular states? Talking to my banker the WA state average is 9%, which is huge, and with 11 to 1 leverage makes the impact of these potentially defaulting loans devastating to the banking industry. I can't find anything on the internet about it so it's under the radar or purposefully supressed?
I believe regional bank failings will start the next big stock market crash!
I believe regional bank failings will start the next big stock market crash!