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4min chapter
'The Next Bankruptcy Wave is Just Starting'
Stansberry Investor Hour
The Fed's Stress Tests Don't Include Rising Interest Rates
I think we're just seeing the beginning of this and there are going to be some big names involved. And I think the regional banks are really going to be in trouble. Silicon Valley Bank didn't even have a chief risk officer in place for like almost a year, right? So that was just a recipe for disaster. They were so used to a decade or more of interest rates near zero, how could you possibly think they could go up?"
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