Kevin O'Leary's Warning: US Economy Faces Crisis and Regional Bank Failures

Kevin O'Leary, entrepreneur and television personality, warns of a "crisis emerging" in the United States due to the rapid speed of interest rate hikes. Small businesses, in particular, are feeling the impact as the cost of capital has skyrocketed. O'Leary highlights that small businesses represent 60% of the US economy and are struggling to finance their operations. If interest rates continue to rise, companies with weaker credit ratings could be most affected, potentially leading to bankruptcies. O'Leary suggests that small businesses should explore government tax credits and support programs to survive.