Everything’s Falling Into Place for Big Banks to Boom, and the Implications Are Horrible for America

To call our current situation a “banking industry crisis” wouldn’t be accurate. While it’s true that local and regional banks are currently in major jeopardy with many of them going under and more predicted to fall soon, the banking industry itself is thriving. Unfortunately, the only ones who are really benefitting are the huge banks like JPMorgan which are profiting greatly.