As the economy weakens, more banks are in difficulty, and more are failing. The vast majority of the nation's banks are still stable. But the report notes that 12 banks failed last quarter and a total of 25 failed last year. FDIC insurance fund balance dropped almost by 1/2 in the 4th quarter. When will banks start to lend?
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In this blog I will document America's decent into Fascism as it happens.
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