[www.bloomberg.com/news/videos/2023-03-24/biden-says-us-banks-are-in-pretty-good-shape](https://www.bloomberg.com/news/videos/2023-03-24/biden-says-us-banks-are-in-pretty-good-shape`)

It is surprising the amount of lies the US president can condense in just 20 seconds while keeping his face straight...

1) I think we have done a pretty damn good job,
2) People's savings are secure,
3) and even those beyond 250k dollars [are] guaranteed by the FDIC, and the American taxpayers [are] guaranteed there are not gonna pay a penny.
**4)**The banks are in pretty good shape.
**5)**What's going on in Europe is not a direct consequence of what's happening in the United States.