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A big issue behind the bank crisis we are seeing is a legal roundabout called fractional reserve banking, where through bank lending, the borrower and the depositor become owners of the same money. Not only that, we’re seeing ESG playing a big role in why Silicon Valley Bank crashed as well.
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#siliconvalleybank #SVB #investments #banks #FDIC #FDICsystem #insurance
Behind the Silicon Valley Bank and Signature Bank Failures
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Author: {Joshua Phillips}