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If they bail out SVB, it'll combine with a bigger bank on a sweetheart deal arranged by the Fed.

If they don't bail out SVB, deposits will go to the bigger banks that are more likely to get bailed out.

Fiat money creates winner take all dynamics.

Is your Bank Running?

YES

Then you better go catch it!

Volunteering to come in at that 😅😅

Thanks for checking on me 😅

Just put up a note.

Been a long day and haven’t been had good service where I’m working. Should be finished up in couple hours 🤍🤍⚡️

no₿ody is safu

i dont really understand your statement well...

Haven't forgotten this.

Waiting for 300 Real Frens. Telegram promoting bots are not included in my counting.

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Newcomers getting the Zap 😉

why are the banks suddenly failing?? did you think about that...

Good morning, friends! 🐶🐾🫡☕️🫂🌅🍳

Just browsing a little before posting, I saw how friendly and casual all the threads in my feed were! What a place to be! 🐶🐾🫂💗

Also, next time you think your money is safe in your bank rmember these two things.

First of all, your not a depositor in a bank, your a creditor. The law has sneakily changed in the last decade or so.

Your FDIC insurance means shit. The European Banking Authority (European equivalent to the FDIC) had no problem letting the Cyprus bail-in happen in 2013. All “depositors” were taken away all their deposits above 100k euros.

Anybody offering you high yield + low risk is either lying about the yield, or lying about the risk.