Central Banks Desperate to Maintain a Facade of Stability
In a week where the banking crisis in the U.S. and Europe is still alive and kicking the Fed, the ECB, and the Bank of England all raised rates. The key question that needs to be asked is how long can these central banks keep investors, markets, and the public from panicking or losing faith and confidence in the system? See Also: (Maneco64) – The Best Insurance For Bank Deposits Are Gold and Silver
Today we will look at the ongoing banking crisis spreading in the U.S. and Europe and why keeping your savings in the system or transferring it from one bank to the other is a dangerous proposition.