First Republic Bank is the third major bank to fail in the US in the last month due to the rapidly inflationary monetary and irresponsible fiscal policies of US financial institutions being crushed under the weight of their enormous debt to speculative ventures. The solution to this problem is that which was suggested by Xi Jinping in an early CPC Central Committee Symposium, and suggested by Lyndon Larouch through the adoption of his Four Laws, proactive fiscal and prudent monetary policies like Glass-Steagall, and cooperation with the rapidly rising new economic order.
