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Global Stress As Bad As WWII

What is the latest with the Credit Suisse and regional bank collapse? Global stress has not been this bad since WWII. Russell Stone says that history has shown us that when tolerant balances of economic scales are abused by guardians of the sales, the economic scales will take back control on their own. Stone also states that there is likely to be another 25BPS interest rate hike. If you are saving for retirement, this will help, but if you are trying to fund a business and leverage, this will not help.

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11 Apr 2023

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