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Weekly Market Recap: Bank Scare To Tank Markets & Trigger Recession?

Wealthion - Be Financially Resilient

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Are You Bailing Out Venture Capital Funds?

In Silicon Valley bank, 90% of the depositors were uninsured, 10% weren't insured. So this was clearly a bailout of uninsured depositors. In reality, you should just let the uninsured depositors get hit. That's their problem and you shouldn't bail them out. The taxpayer will eventually have to pay for this in one form or another because that's where the money always comes from.

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