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This Is Going To Be Worse Than 2008/2009
The Coming Bank Crisis Will Be Worse Than 2008/2009
Let’s talk about deposit flight, money being pulled out of banks. Global banks suffer $1.55 trillion in deposit flight in one year. This is the big money, the wealthy clients of major banks like JP Morgan Chase, Wells Fargo, Bank of America, Citibank, etc. This is the money of really smart people, with inside knowledge of the system and they are pulling their money out at an incredible pace. In total dollars this is bigger than 2008, this is the largest bank run in US history.
Which US banks are closing in September 2023? Santander, Wells Fargo, Bank of America…
https://en.as.com/latest_news/which-us-banks-are-closing-in-september-2023-santander-wells-fargo-bank-of-america-n/?outputType=amp
Chase bank is closing five locations in same state as customers warned to make plans to secure their money
https://www.the-sun.com/money/9041777/chase-bank-closing-branches-washington-state/amp/
Wells Fargo banks shutting in weeks amid banking bloodbath that’s forced closure of 37 branches across the US
https://www.the-sun.com/money/8998225/wells-fargo-bank-branches-new-mexico-closing/amp/
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