Investors Withdraw $286 Billion from Banks! | Where Do I Keep My Savings?
FED'S KASHKARI: THERE ARE OTHER BANKS THAT HAVE EXPOSURE TO LONG-DATED TREASURY BONDS AND ALSO TO COMMERCIAL REAL ESTATE LOSSES. Last time Fed Discount Window emergency borrowing skied like this was during 2008 financial crisis. S&P 500 went on to drop roughly 50%. Keep in mind, this super bubble is a lot larger, with raging inflation, and much more egregious debt levels.
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