MainStreetChungus on Nostr: This is the beginning, the small banks fail, the FED backs the deposits and those ...

This is the beginning, the small banks fail, the FED backs the deposits and those deposits go straight to the big banks.
Next is the USDC bank/govt takeover.



https://www.reuters.com/business/finance/jpmorgan-other-big-us-banks-flooded-with-new-clients-post-svb-collapse-ft-2023-03-14/