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Banking Stress is Back Again

Real Vision: Finance & Investing

00:00

The Unprecedented Government Shutdown

The odds of the government not honoring its payments to creditors and its accounts, employees, all that sort of thing, I think they're going to pay. But there could be some drama there will. The only bill that is certain to not fall into the window that's being auctioned right now is a one-month bills for $1,000 each. And if you have no one to answer to, which is what professional money managers have in typical situations, then sell those bonds or buy one month bills safe.

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