The Non-Bailout BAILOUT commences – total system collapse temporarily averted with emergency liquidity flood

(Natural News) Three US banks collapsed last week (Silvergate, Silicon Valley Bank and Signature). Contagion took hold and quickly began to spread to other banks.The entire US banking system would have collapsed starting today if not for the FDIC jumping in and offering to rescue even non-insured depositors at SVB. Normally the FDIC … [Read More...]