Economy
To say that the events of the recent bank bailouts are unnerving is a bit of an understatement. Even those of us who expect a major recession or financial crisis to occur have been startled by what happened and how suddenly it occurred. And the obvious question that’s being raised now is, is this how the next financial crisis is going to begin?
The question we have to ask ourselves is, will federal regulators continue to treat failing banks the way they have treated SVB and Signature? Or will they let them fail and allow uninsured depositors to take a haircut?
As much as we would like to think this time is different, we can’t be too certain about that.
Goldco’s latest report, “The Shocking Truth About Bank Bailouts” provides steps you can take to protect your retirement savings and minimize the risk that you’ll lose access to your life savings should your financial institution fail.
To learn how to diversify and secure your retirement savings, read your complimentary copy of The Shocking Truth About Bank Bailouts.
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