2min chapter

Debunking Economics - the podcast cover image

SVB collapse shows there’s no safety in government bonds

Debunking Economics - the podcast

CHAPTER

Deposit Insurance

HSBC has swallowed up the UK branch of this bank, which was a separate company. So they would have just said, well, sure, you've got a bunch of customers. They can absorb it into their massive balance sheet and they get a whole load of customers in the process. It's done in the much facilitation needed by the government at all. But it's a bit of arm twisting, I think, on our mansion too.

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