Banks are insolvent. I want you to drop me a comment and let me know if you think  banks are in fact insolvent or not. Hint, you guys probably know what I think.Anyways, Bank of America's unrealized losses on held to maturity securities now exceed $130 billion.Essentially, this means the banking sector is insolvent to an extent.An unrealized loss is essentially a paper or not a real loss yet that result in holding a particular asset that has decreased in price, but you aren't selling the asset and actually realizing the loss. Basically the banks bought a bunch of investments or invested in a bunch of things and didn't take profit.So essentially they bought at the top.In the United States of America, if you want to do anything financially, well, just live. If you want to buy a house or rent an apartment, rent a house, get a credit card, take out debt, buy cars, even have a job, you have to have access to a bank account.The banks force you to deposit your money.You deposit your money because you want to be a functioning member of society.They take that money.They either lend it out or they make other investments.They trade with it.

They do all of these things and then they go ahead and charge you a beautiful fee to use the banking system plus all of that interest if you use a credit card etcetera.So the fact that we are essentially forced to deposit our money into a bank, use a predatory third party and that these banks, Oregon financial institutions are able to actually take our money out and not really disclose exactly what they're doing and then lend the money out or invest in etcetera and then not actively be good at investing or trading is why we're seeing this insolvency. why we're seeing so many problems in America.

Because guess what public servants will simply just bail these big players out.However, the public servants will not bail you out if you're just a regular hard working American citizen.And again This is why we Bitcoin.We like Bitcoin 21 million supply.You can't make more and on top of it, we're essentially able to be our own bank.So we don't have to rely on these third party predators but you kind of still do if you want to be a functioning member of society.