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Banking Crisis Ahead? $7.7 Trillion Unprotected
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The FDIC has revealed that $7.7 trillion in U.S. bank deposits are currently uninsured, a staggering 43% of all domestic deposits. In this video, we dive deep into why this should concern every bank account holder, especially after the recent collapses of Silicon Valley Bank and Signature Bank. What does this mean for the future of the banking industry? And, more importantly, is your money truly safe? We’ll discuss why uninsured deposits have grown rapidly since 2009, the risks this poses in today’s economic climate, and what steps you can take to protect yourself. Watch to learn more!
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
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