Want to create an interactive transcript for this episode?
Podcast: The Dollar Vigilante
Episode: FINANCIAL CONTAGION: Silicon Valley Bank Collapse and USDC Drop Just The Beginning of the Financial Collapse
Description:
Banks!Â
Uh…Ah.Â
What are they good for?Â
ABSOLUTELY NOTHING
ADSC lesson that people just don’t seem to learn. No matter how often history repeats itself, or how many times Ed Bugos and I issue warnings of imminent financial collapse, chaos, and banking system failures.Â
Let’s see.Â
1929: On Black Monday, October 28, 1929, the Dow declined nearly 13 percent. On the following day, Black Tuesday, the market dropped nearly 12 percent. By mid-November, the Dow had lost almost half of its value.
1987: Black Monday is also the name common...