X @Nick Szabo

Liquidity Issues - Regional/community banks' balance sheets have a significant portion (40%) related to liquidity [1] - Regional banks are facing liquidity issues due to high delinquency rates [1] - The repo market has been tapped for over $100 million in recent months, potentially due to regional banks' liquidity problems [1] Delinquency Rates - High delinquency rates are contributing to the liquidity issues of regional banks [1] - Delinquency rates are expected to worsen [1]