Real Vision's Raoul Pal said that the Five Stages of Bank Failure are similar to the five stages of grief: denial, anger, bargaining, depression, and acceptance, as described by Elisabeth Kübler-Ross.
The talking heads on financial TV ask everyday where we are in the banking crisis. Is it over yet? After scooping up First Republic, JP Morgan’s Jamie Dimon said, “This part of the crisis is over.” After he said that, however, the shares of regional banks such as PacWest, Zions, and Western All...
