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Financial Meltdown — How to prepare

Dumb Money Live

00:00

The Negative Effects of the Bank Run

There's not a single bank in the world that I'm aware of that would survive a bank run once it starts. Banks cannot survive any bad news right now. The government is guaranteeing the deposits, but they're only guaranteeing them after the bank goes down. So bank after bank is going out, saying, no reason. It's a lose. You lose help.

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