Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains
Geopolitical Economy Report
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Silicon Valley Bank - What Happened?
The Fed has reversed the whole asset price inflation from 2009 to just last year. So the prices have gone up, but the Fed is using this as an excuse to try to create unemployment. The banks are the most monopolized sector of the American economy. Despite the fact that interest rates were going up, they were paying depositors only 0.2%.
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