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BANK RUNS BEGIN: WEALTH TRANSFER NEXT | ROBERT KIENTZ

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BANK RUNS BEGIN: WEALTH TRANSFER NEXT | ROBERT KIENTZ

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With Silicon Valley Bank (SVB) failure and the FDIC taking it into receivership, as other major banks’ stocks drop amid reports of them selling off US Treasure holdings at a loss, ordinary bank depositors are left wondering whether they should flee to safety before things get a lot worse.