Noah here and this is a join post courtesy of my friends over at The Tuttle Twins.
First SVB, then Signature Bank… the past few days have seen a lot of turmoil in the banking industry.
Now today it looks like Credit Suisse will be toast soon.
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After that Deutsche Bank?
So, I present to you… the comprehensive list of all banks deserving a bailout.
None of them When in doubt, see #1
“There’s been a loss of financial discipline with the government bailing out depositors in full,” investor Ken Griffin said on Monday. He noted that these bailouts are an attack on the capitalist economy, which he said was “breaking down before our eyes.”
He’s not wrong. Bankers and politicians
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