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US bank bailout benefited billionaires, exposing corruption: ‘I understand why Americans are angry’

Geopolitical Economy Report

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The Scandalous US Government Bailout: Billionaires and Big Corporations Benefit

This chapter exposes the scandal of the US government bailout that favored billionaires and large corporations, revealing details from a hearing where funds went to cover uninsured deposits at Silicon Valley Bank and Signature Bank. It discusses the hypocrisy of billionaire oligarchs demanding a bailout and highlights the need to reassess the impact of corporate trade deals on workers.

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