Headlines March 20, 2023
JUST IN: U.S. looking into ways to guarantee ALL deposits if crisis continues to grow.
With ~200 banks in the same position as SVB, this may be the only way to prevent a collapse.
Once one bank goes down, the next one comes into focus.
This solution is expensive but needed.
Arrest Putin? Medvedev threatens ICC with Hypersonic Missile strike
Credit Suisse bond BAIL-IN proves the entire western financial system is a CON
The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe
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