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Russia needs to drag the war. China open up will ramp up inflation and prevent USA to create crisis. Now banks whammy.
Let see how it ends..
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FEDS already made it very clear
If a bank fail nowadays, the depositors will be protected but the shareholders and management will not be bailed out
FDIC will go in and take over and sell away any assets the banks have
This is the new SOP
Nothing to worry about
Treasury can print money
They call it BTFS
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China president visit Russia one week later go visit Ukraine ,maybe by May 8 "East front no war" already....