Bank’s earnings will start to deteriorate in 2018 as #Bitcoin eats into profits. Simultaneously, rising rates will curb (earnings-boosting) stock-buybacks; resulting in a collapse of bank stocks with much of that money flowing into Bitcoin. Rinse. Repeat.pic.twitter.com/F1PgwWolNf
At most levels this is the case, however, those at the top, with their hands in the political cookie jar, the ones that worry about their stock price, will do anything to protect their reputation, and spend plenty of time and money paying HRC etc to socialize.