
Respected Economist Warns: Trump's Economic Plan Is The Only Hope America Has To Stop Massive Economic Collapse
California Wildfires, Insurance Market Collapse and Bank Bail-ins
Dr. Kirk Elliott and the host discuss the financial implications of the ongoing California wildfires and the lack of water in hydrants. They argue that insurance companies pulling out of the state will lead to bank failures as claims are paid out from undercapitalized institutions. The conversation suggests the FDIC lacks sufficient funds, potentially leading to "bail-ins" where banks seize depositor funds to remain solvent.















