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Jan 21, 2024
More Banks are FAILING. What You Need to Know.
Five US banks went bust last year, which is actually not that far off from the average number of banks that fail in a given year. But that doesn't mean there isn't cause for concern. In this episode of America Uncovered, we look at why those 5 banks failed, whether the body that was set up to insure depositors' money was able to save the day and why a look at historical data should make everyone with a bank account nervous.
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