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FRC Collapse; Is The $500 Trillion Derivatives Bubble Next? | Bob Moriarty
First Republic will likely be gone by Monday. Someone will take the hit for the tens of billions of dollars uninsured in the bank, says Marine, naval aviator, and financial author Bob Moriarty. And the collapse of the bank could create contagion that puts the $500 trillion derivative bubble at stake, he says.
Moriarty's Amazon author page: https://www.amazon.com/Robert-Moriarty/e/B01A9I4TJU
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INTERVIEW TIMELINE:
0:00 Intro
1:00 First Republic collapse
14:40 Contagion
16:42 FDIC's options
23:27 Treasuries
25:57 Junk silver
28:13 Bob Moriarty
28:36 Moriarty's chicken
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