6-21-2023 – Has the FED Destroyed the U.S. Banking System by Making It Essentially Insolvent?

At least one high profile economist says that bailing out depositors of failed banks was a mistake that will cause greater instability in the banking system and larger future losses.(Could he be right?) Today's Stocks & Topics: SCCO - Southern Copper Corp., FCX - Freeport-McMoRan Inc., CWCO - Consolidated Water Co. Inc., CCL - Carnival Corp., Factory Building, Investment Loss, Liquidity and Debt Ceiling, NFLX - Netflix Inc., GOOG - Alphabet Inc. Cl C.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands