Bank Losses To Spook Depositors | John Rubino
By the end of the year, we could be looking at a very different financial system, says John Rubino of https://rubino.substack.com. He expects banks’ balance sheets to concern depositors leading to even more bank runs. It’s possible that by the end of the year, the Fed has rates near 0% and officials are scrambling to bail out the system.
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29:00 Banking system
33:56 Rubino on Substack
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