
ac_20230407
Divine Intelligence, etc
00:00
The Dangers of Bank Runs
SVB and signature were two banks with the least amount of insured deposits. If you look at small banks, they have very high percentages of insured deposits,. Why would there be a bank run if there's FDIC insurance to cover almost all the deposits? Right. The propaganda, aka old media, trying to encourage people to leave small banks because the criminals want their deposits. So I just think the time has come when we need to call criminals criminals and we need to not help their efforts to destroy the civilization.
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