Thorsten Polleit
US Treasury Secretary J. Yellen vows to safeguard deposits at smaller US banks.
Deposits at smaller US banks: 5.5 tn US$.
Will it be enough?
Total deposits at US banks are 17 tn US$.
Numbers may become huge:
US mutual funds are 17 tn US$.
Note:
US GDP is 26 tn US$, and
US gov’t debt is 31 tn US$.
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