Connect with us

Economy

Are We Headed Toward Financial Collapse?

Uncertainty and panic ensued after two U.S. banks collapsed within 48 hours, including the second-biggest failure in the nation’s history…

Are We Headed Toward Financial Collapse?

Here’s the Scoop

Uncertainty and panic ensued after two U.S. banks collapsed within 48 hours, including the second-biggest failure in the nation’s history.

Silicon Valley Bank collapsed on Friday, followed by the New York-based Signature Bank on Sunday.

On Monday, President Joe Biden said “Americans can rest assured that our banking system is safe, your deposits are safe.”

Biden vowed to do “whatever is needed” to prevent any more bank runs.

Biden also assured Americans that “no losses will be borne by the taxpayers” — but that claim has been met with some skepticism.

What do you think? Let us know by participating in our poll!


Source: Axios

Advertisement
4 Comments

4 Comments

  1. Don

    June 6, 2023 at 4:24 pm

    AND it’s all caused by the crooked Demonrats.

  2. Donald Cook

    October 9, 2023 at 9:18 am

    you are 100% right

  3. Steve

    October 9, 2023 at 9:23 am

    Yes, if the Democrats continue to be in charge.

  4. Irishman

    October 13, 2023 at 6:30 am

    I don’t know why we still call them Democrats, their policies and political views are Marxist call them what they are.

Leave a Reply

Your email address will not be published. Required fields are marked *