![right-4926156_1280.jpg](https://cdn.steemitimages.com/DQmcbyRzHRkTEBjS32bFcqVBF7cJNXJPocCbVwXBErLkSbD/right-4926156_1280.jpg) ^{[Free Image Pixabay](https://pixabay.com/es/photos/derecho-ley-el-abogado-de-justicia-4926156/)} Hello. According to the secretary of the United States Department of the Treasury, she affirms that the banking system remains resilient and on a solid basis, she said so in a statement and other regulatory entities in the country also spoke out to describe the situation that is being experienced in the United States with several of its major banks. Let us remember that regulators are the people in charge of caring for the stability of the largest economy on the planet and are the main cause of the instability that can be seen today in the markets.

A system based on trust that no longer works

| |---| We all know that the banking system is based on the trust that we, as users, place in it. We deposit our money because we trust banks to keep our fund safe, but in turn they trust other financial institutions for the flow of assets within the entire banking system. therefore this asset flow system should be made up of thousands of banks worldwide, rely on government institutions or regulators to protect the laws and regulate the markets. ![money-5029288_1280.jpg](https://cdn.steemitimages.com/DQmXyuwPcmrAeoWY5vfTKgDuUpTbuA8dBJ5TZ7WSR3dBoFu/money-5029288_1280.jpg) ^{[Free Image Pixabay](https://pixabay.com/es/photos/dinero-la-d%c3%a9cada-de-los-noventa-5029288/)}

If a single link fails, the whole system fails

| |---| Perhaps the reason why the people in charge of directing the banking institutions resort to giving slightly tendentious information, which can even be considered a lie, is to deceive their users, depending on the news, the market can make a rustic movement for better or worse. US President Joe Biden has made it clear that Americans can have confidence in the banking system as the safest method of protecting money of all. However, in cases such as Silicon Valley Bank or Signature Bank, where the failure came from bad economic decisions where they gambled with their users' money indiscriminately, which caused a breach of trust on the part of the clients, giving the impression that the most sensible decision is not to trust. Something that could help the current loss of confidence, with that of 2008 with the bankruptcy of Lehman Brothers, is that the banks allow all funds to be withdrawn before declaring bankruptcy, but this option is rarely heard. rumor that another entity is about to declare bankruptcy bad news is coming. ![Follow me Comment.png](https://cdn.steemitimages.com/DQmQFmnzgZQPJpF3Bn1Vy9TvVq9hFcKL5TgAkT5qC2TRmD8/Follow%20me%20Comment.png)