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Half of America's banks are potentially insolvent - this is how a credit crunch begins -- Society's Child -- Sott.net

Half of America's banks are potentially insolvent - this is how a credit crunch begins -- Society's Child -- Sott.net
sott.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sott.net Daily Mail and Mail on Sunday newspapers.

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Thursday happenings around Carson City

It almost seems like the weekend is starting early, with all the great times offered today. The Carson City Fair is in full swing and will offer family-friendly fun through Sunday. Movie-lovers of all ages will enjoy tonight’s Movie on the Plaza: Princess Bride. It’s free to attend, but you’ll want to bring your own seating. ....

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US financial crisis deepens as shares in regional banks continue to fall

Within hours of Fed chair Jerome Powell having declared that the takeover of First Republican Bank had drawn a line under the “stress” that began in March, the stocks of other regional banks came under heavy selling pressure. ....

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Credit crunch: Half of America's banks are already insolvent

There’s $13.5 trillion uninsured deposits in the US banking system. Such deposits can vanish in an afternoon in the cyber age. ....

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How a credit crunch starts: Half of US banks are already insolvent

Across America, thousands of banks are already underwater - and many more are vulnerable to a collapse. Is the entire banking system on the brink? ....

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