The economic landscape has been severely impacted by a multitude of financial issues, starting with the credit crisis and credit crunch, which have led to significant credit tightening measures. The federal reserve has been actively monitoring the situation, as highlighted in The Atlantis Report, which sheds light on the stringent bank lending standards and increasing bank loan rejection rates. This environment has precipitated a bank crisis, marked by bank failures and even the complete bank collapse of some institutions. Concurrently, the surge in credit card debt has resulted in a credit card crisis, exacerbated by rising credit card interest rates and escalating credit card delinquencies. As household debt continues to climb, so does financial distress and financial insecurity among consumers, many of whom face bank debt default and bank loan delinquencies. The cost of living crisis is further aggravated by bank fee hikes and increasing bank interest rates, all while inflation erodes purchasing power. With banks at risk, the specter of economic collapse looms large, creating a perilous situation for all.