BREAKING: Delinquency rates at small banks rise to 7.5%, the highest on record.
— The Kobeissi Letter (@KobeissiLetter) September 6, 2023
Meanwhile, delinquency rates at large banks are at 2.9%, well below levels seen at small banks, but up from a low of ~1.5%.
The same banks that almost collapsed in the regional bank crisis have… pic.twitter.com/h4XJgMZMyj
21st century realities in the gig economy
https://www.thebignewsletter.com/p/a-world-without-employees-why-doordash?utm_source=post-email-title&publication_id...