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FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

Released Thursday, 6th June 2024
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FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

FDIC: 63 Banks on the Brink of Collapse but the Problem is MUCH LARGER

Thursday, 6th June 2024
Good episode? Give it some love!
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In this week’s news, the FDIC reports over half a trillion dollars in unrealized losses within the US banking system, with 63 banks on the brink of insolvency. Taylor Kenney dives into the implications of this alarming development to discuss what it means for the future of your deposits and the economy.

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