What Happens When The Banks Go Bust? | Todd "Bubba" Horwitz

The banks are too over leveraged, says Todd "Bubba" Horwitz. "You can not borrow your way out of debt. The more you have to borrow, the more leverage you are taking on," he says, "and eventually that leverage has to bust." He discusses what he expects will happen if the banks go bust and how it may impact the depositor.

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INTERVIEW TIMELINE:
0:00 Intro
1:09 Banking system
2:58 Let the banks fail
4:54 Commercial real estate
6:52 Jobs market
10:22 National debt
11:45 Presidential election
12:50 Rate cuts?
14:11 Market crash
15:51 Gold & silver
18:18 Bubba Trading
18:34 Last thoughts
18:48 Weekly specials
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