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3232US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
https://www.digit.info/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/
Sun, 09 Apr 2023 15:30:37 +0000https://www.digit.info/2023/04/09/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/Read more]]>The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]