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Oh SH*T, the small bank collapse is real and it's here | Redacted with Clayton Morris
"Half of America’s banks are “potentially insolvent,” according to Stanford School of Business.
You may not want to hear that on a day when small bank stocks are taking a nose dive but the writing is on the wall and has been since March when Silicon Valley Bank started this domino chain. The Federal Reserve raised interest rates in an effort to stop the bleeding. Maybe that will help but the U.S. is about to hit a debt ceiling in short order so the crisis continues. "
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About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else tells. Along with the facts and the complete picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives.
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The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.
These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.
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