Credit Suisse $ CS drop hit 20% in stock market today lowest ever
Since the SVB collapse last week, the finance market isn’t performing well
either a coincidence or intentional, today I saw that Credit Suisse hitting 20% down which is the lowest hit forever, and some bank depositors in Europe and UK receiving messages on their phones that they’ll start having withdrawals limits specially on crypto purchase
The bank stocks dropped 30% just in one day
US FED is searching for banks related to Credit Suisse as it might cause a bankruptcy to the smaller banks in US
The Swiss government is under huge pressure from several European countries to be able to save the bank before going bankrupt
what I can notice is all intentional and to damage the smaller banks and my advice for all European banks depositors to act fast and wise before it’s too late
I can feel a new world recession soon