Banking Crisis | "The Banks Are In Pretty Good Shape. I Don't See Anything On the Horizon That's About to Explode." - President Joe Biden | "It's Important That People Can Understand That They Can Be Bailed In." - FDIC
Silicon Valley Bank | "It's Important That People Understand They Can Be Bailed In, But You Don't Want a HUGE Run On the Institution, But There Are Going to Be." - FDIC
CBDC | "In 2007, 25 Banks Had to Be Bailed Out, a Total of $526 Billion Over 12 Months. In the Last 5 Weeks We Have Had 3 U.S. Banks Fail & We Are Already Over the 2007 Total By $6 Billion." - Beck (5/3/23)
CBDC | "In All PACWest Has Lost More Than 85% of Its Stock Value." + "In 2007, 25 Banks Had to Be Bailed Out, a Total of $526 Billion Over 12 Months. In Last 5 Weeks, We Are Already Over the 2007 Total By $6 Billion." - Glen Beck (5.3.