Today, I am taking a look at the banking system and the health of the big banks.
With 3 big banks going under in a week, is this the beginning of a total collapse?
Let's see what the cards have to say...
The Tower is surely not a good sign for the banks. It's interesting how it sits on top of the 3 of Cups. There seem to be people celebrating the failure of the banks. The 10 of Pentacles seems to show that old world money is at work in the current ruination of big banks.
The 5 of Wands shows that the banks are pretty much being set against each other as we move forward.
At any rate, I would expect more of the big banks to follow suit soon. Even if it doesn't happen in a matter of days, it surely will in a matter of years as the current world continues to morph into the new world.
I guess I can consider myself lucky that I don't have really anything to put in a bank.