Your bank "deposits" (lol) are mostly insured...
mostly is the keyword and means "maybe, depends, we'll see about that"
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Most FDIC rules apply to 250k only. If they even FDIC regulated.
Until the rules don't apply any more
I was speaking more of US banks, but yeah Cypriot was really awful. Like fractional reserving souls.
Rules can change at any time in the US. It’s just a matter of how much shit hits the fan.
I agree, I think something has been hitting the fan, especially today. All the banks sinking, the congressional threats, and executive threats? Fortunately, their words work more like 2d battleship than 3d worms.
Stay the course.