If you go to get money out of your bank and it it not there and you ask why then the police is called and you are arrested
- Thread starter D71
- Start date
The FDIC only insures your deposit up to a certain amount. If you have more than that amount on deposit you risk losing it, as in the situation I wrote about. That should not be a surprise to anyone.
I believe I had access to the insured funds within a week or so if I remember correctly.
They are going to throw dirt in on us next. We all live or die just a matter of how they decide or we decide now… they are thick with it.
Ppl need to consider what is happening. They are not hiding it.
I like to ask ppl why in ancient times until now did ppl wear heavy gold jewelry…. That video link back on page 1 kinda explains it.
Of course thieves steal jewelry. Tyrants take jewelry.
Govts take bars and coins.
Now when implemented you can or can’t make donations to political parties the govt might not approve. Buy some things the govt might not approve. Just silly with it.
I understand that my friend. Problem is the tax payers get the bill at the end. The bank ceo walks and ruins another bank Gets his money does it again. The tax payers me and friends and you - tax payer are the losers.
"The FDIC is not supported by public funds; member banks' insurance dues are its primary source of funding."
Federal Deposit Insurance Corporation - Wikipedia
According to reuters the fdic borrowed money in the 1990’s and did so against the US Treasury
www.reuters.com
in addition they may in fact try to also get the tax payers to jump in with bail out much like done for airlines and auto manufacturers again.
the tax payer is the sucker.
they will at first try to find a bank or buyer
FDIC may borrow money from Treasury: report
Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported.
www.reuters.com
in addition they may in fact try to also get the tax payers to jump in with bail out much like done for airlines and auto manufacturers again.
the tax payer is the sucker.
they will at first try to find a bank or buyer
Every Single President since Bush baby - Our Country has been in a huge spending spree., bush broke the Social Security - surplus increase measurements put in place by Reagan to future sustain current boomer retirements.. Bush baby basically stole it. The Left were right about him. Bush used the SSI money to prop the country up after the required 9-11 to get access and the final total expenditures of ~$30 trillion for our national debt now.
not real hard to understand if use the internet before it disappears… or google drops it…. They will track you for website focused ads though.
The FDIC was started by FDR back in 1930 They are reported to have enough money cover up to 1/2 trillion dollars but clinton and bush opened several doors and options for them…. and stock markets…..stock held business. All Retirements are borrowed against. There is already reports of companies scheduled going under and massive lay offs planned. Plus other smaller banks tumbling. It is there if you look but won’t see if you don’t.
the final fall back is the tax payer. The govt has no money. They print it and direct it but the tax payer is sent the bill every time. Not hard to understand. The billionaire investors are trying to force tax payers to buy it.
Don’t you think it funny financial advisors were recently telling ppl to buy stock in it? It takes a lot of time and dedicated effort to do largest biggest transfer of wealth in the world.
take your credit cards and go burn through them time after time keep applying getting more credit cards just spend spend spend use some money from each credit card to keep paying a fraction of the debt on all your other cards….. keep spending. Getting more credit cards pay just the minimum on few of the other cards when they want payments. Use ~330 million ppl’s names to do it. That is your govt.
not real hard to understand if use the internet before it disappears… or google drops it…. They will track you for website focused ads though.
The FDIC was started by FDR back in 1930 They are reported to have enough money cover up to 1/2 trillion dollars but clinton and bush opened several doors and options for them…. and stock markets…..stock held business. All Retirements are borrowed against. There is already reports of companies scheduled going under and massive lay offs planned. Plus other smaller banks tumbling. It is there if you look but won’t see if you don’t.
the final fall back is the tax payer. The govt has no money. They print it and direct it but the tax payer is sent the bill every time. Not hard to understand. The billionaire investors are trying to force tax payers to buy it.
Don’t you think it funny financial advisors were recently telling ppl to buy stock in it? It takes a lot of time and dedicated effort to do largest biggest transfer of wealth in the world.
take your credit cards and go burn through them time after time keep applying getting more credit cards just spend spend spend use some money from each credit card to keep paying a fraction of the debt on all your other cards….. keep spending. Getting more credit cards pay just the minimum on few of the other cards when they want payments. Use ~330 million ppl’s names to do it. That is your govt.
This assumes only one or a few banks fail. If its a cascading effect, you are looking at pretty much collapse. And the problem did not originate yesterday, the problem (overleveraged banking system) goes way back to 1913 when the Fed was first created. Ever since we had bigger and bigger bubbles forming and bursting with the insiders pretty much getting richer, and everyone else getting poorer.
Bottom line is that the vast majority of people in the so called west have no idea and no experience in a collapsing banking system that takes the entire economy with it. The overwhelming majority have normalcy bias and believe that the govt (fed, etc) will bail them out.
The problem is if the central bankers blink now (and i assure you that they will) and unleash another round of bankster bailout and QE, its pretty much hyperinflation and collapse.
I would not rule out that this is all intentional - the need HUUUUUUGE-ooo crisis and real panick to get the sheeple to accept CDBC, and banking crisis is a perfect way to do it.
We will just say $31 trillion debt vs current $30 trillion debt. ‘All food comes from the grocery store… it just appears”. ???
"Depositors will have access to all of their money starting Monday, March 13," the statement added. "No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer."
https://finance.yahoo.com/news/us-g...eposits-money-available-monday-223546372.html
Yellen says no bailouts like in the past. Some of the ppl will get their monies up to fdic limits. It also states some will not be able to pay employees and there will be lay offs ie: roku for one. Investors are sol. Sure glad don’t gamble ….. still thinking about that financial investor saying invest invest. Wonder how many took his advice?
there is always a whip lash effect. They know this is a very tricky situation if ppl start a run with drawing their money. If either political party wanted to do crazy or china pulled money from banks it would be bad.
like stated they claim 1/2 Trillions dollars in fdic but the reality is UsA spent $5 trillion on covid. A bank run would easily be it and over. Think will draw my money out tomorrow and encourage everyone else to do the same. Why the democrat wants multi-media shut down. The Right can always crash it. Why not?
look up old run on gamestop stock…. Those ppl playing the market got cheated by wall street.
there is always a whip lash effect. They know this is a very tricky situation if ppl start a run with drawing their money. If either political party wanted to do crazy or china pulled money from banks it would be bad.
like stated they claim 1/2 Trillions dollars in fdic but the reality is UsA spent $5 trillion on covid. A bank run would easily be it and over. Think will draw my money out tomorrow and encourage everyone else to do the same. Why the democrat wants multi-media shut down. The Right can always crash it. Why not?
look up old run on gamestop stock…. Those ppl playing the market got cheated by wall street.
All the Right has to do is pull their monies from stock markets from retirements from banks don’t pay the irs the taxes this year and they will be defunded. All of them will crash. Why not? Let the left pay for everything.
The right should just sit at home for a few months too. The Left can row the boat Round and round Slow the curve
