A Banking Disaster Waiting to Happen: $7.7 TRILLION in Uninsured U.S. Bank Deposits
Aug 20, 2024 ·
16m 10s
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Description
The FDIC reported recently there are $77 Trillion in uninsured bank deposits in the United States. That could spell economic disaster if something goes wrong within the banking sector. Swiss...
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The FDIC reported recently there are $77 Trillion in uninsured bank deposits in the United States. That could spell economic disaster if something goes wrong within the banking sector. Swiss America CEO Dean Heskin and Chris Agalestos go in-depth on the potential ramifications of having so much in uninsured money throughout the banking industry.
On the good news side, Dean and Chris break down a recent report where experts predict a good rise in Silver -- possibly to $30/oz -- considering its potential not only as an investable precious metal, but for its several utility and industrial purposes (as well as its price point).
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Artcles referred to in this podcast:
https://www.zerohedge.com/economics/federal-fiscal-burden-consumes-93-percent-americas-wealth
https://www.zerohedge.com/markets/july-budget-deficit-2nd-biggest-history-25-tax-revenue-go-pay-interest
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On the good news side, Dean and Chris break down a recent report where experts predict a good rise in Silver -- possibly to $30/oz -- considering its potential not only as an investable precious metal, but for its several utility and industrial purposes (as well as its price point).
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Artcles referred to in this podcast:
https://www.zerohedge.com/economics/federal-fiscal-burden-consumes-93-percent-americas-wealth
https://www.zerohedge.com/markets/july-budget-deficit-2nd-biggest-history-25-tax-revenue-go-pay-interest
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