The Changing Banking System: Unveiling the Illusion of the FED Stress Test

### Summary
In this video, the speaker discusses the changes in the banking system and warns about potential risks and vulnerabilities. The focus is on the consolidation of banks, which has led to a few large institutions dominating the sector. The stress tests conducted by the Federal Reserve are criticized for not considering all the risks, and the speaker highlights that the banking sector's ability to survive a crisis is declining. Furthermore, the introduction of the FedNow instant payment regime is discussed, and the speaker advises viewers to be cautious and have a strategy to protect their wealth outside the banking system.

### Highlights
- 🏦 The banking system is undergoing significant changes, with a few large banks dominating the sector.
- 📈 Stress tests by the Federal Reserve are criticized for not adequately assessing risks.
- 💰 The ability of banks to survive a crisis is declining, and the ratio of liquid assets to deposits is decreasing.
- 📆 The FedNow instant payment regime is being introduced, potentially impacting bank stability.
- 🔒 The speaker urges viewers to protect their wealth outside the banking system and have a well-thought-out strategy.