He noted that Credit Suisse was falling apart, as was the Paris stock exchange.

The politician pointed out that the quotes of banks were suspended.

“The oligarchy will hasten the approach of the third world war if there is financial chaos.

This is a historical constant, ”RIA Novosti quotes Filippo on Twitter.

On March 11, it became known that a large Silicon Valley Bank was closed in California.

It was the largest bank failure in the US since the 2008 financial crisis.

It also became known that the New York Signature Bank was closed due to systemic risks.

The Axios publication reported that the American banking system is in danger of a crisis if the US presidential administration fails to save Silicon Valley Bank.