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The Bank Crisis Is "Overblown" | Joseph Wang
Forward Guidance
What Are the Main Things That We Should Be Paying Attention To?
Jason Johnson: What are the main things that we should be paying attention to? He says if you have more than $250,000 on deposit out of bank, think about different ways of managing your cash. "Investing in a bank past the guarantee is not risk free," he adds. Jason asks Joseph one final question; why couldn't Silicon Valley Bank just give people a million-dollar credit line and sustain themselves?"
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