The FDIC covers now all the deposits (even above $250K).
That means it insures $9.9 trillion of US bank deposits with their fund balance of $125 billion.
🤡🤯
Printer is coming
The sad thing is the poor/middle class plebs like myself are going to pay the price, as well as the next generation.
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Like always
Kicking the can down the road
The poor/middle class plebs are the ones that are bailing out the rich with over $250k in their bank accounts.