Pretty card, the link with these are at a record high among small banks.

This would be the catalyst for the final round of consolidation in small and regional banks.

I believe so like if the debt rate goes up to maybe 9% or maybe 10% because of course,

it's fine right now. And of course, I know a lot of people want to be flipping about

the GDP that the income ratio credit cards are being high, but very rarely when we talk to people,

do I feel even people that I know that are rich are feeling a crunch because either they're

having to take care of more people, they're having more expenses and trying to grow their business

or sustain throughout this period. And I'm seeing a slow collapse of the regional banks, small banks.

I feel bad for, but this is a classic example of the big banks and too big to feel banks

are going to get bigger. I feel like Chase is going to be the biggest benefactor as a result.

Bank of America, they need to get their things together or

and the next cycle in 2034, they may have a chance to go under. I like Brian Moynihan as a CEO,

but the culture at Bank of America isn't as strong as it used to be, especially pre-2008.

But just like we saw a whole bunch of banks in 2007 and 2008, either get bought or go under,

I think we're going to see a consolidation in the banking space. And if we continue to have

record interest rates and people are struggling to pay their credit card debts and balances

are remaining higher, yeah, I think we're going to see somebody's get bought up.

Yeah, you're talking about a lending tree put out a report, they said that the average US credit

card interest rate is 24.3%. That is insane. Almost 25 average. So you notice a bunch of people that

29% 30%, 35%, you've got a long short. Right, so that's from a credit card, but that's the first

of the linguistics we need to look at. The second of the linguistics we need to look at is the

student loan delinquency that's about because effective this month, repayment is back in order.

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