Roubini: The mother of all bank runs is underway! (buy, money, 100k)
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More Chicken Little's.... Nothing to worry about, except for any who are stupid enough to withdraw all their money... Crazy people, don't have a clue...
More Chicken Little's.... Nothing to worry about, except for any who are stupid enough to withdraw all their money... Crazy people, don't have a clue...
Yeah, maybe you're right. Maybe leaving money in a sector of the economy that's imploding left and right with an underfunded FDIC is the best way to go. Oh, and if they indeed fund the FDIC fully to the tune of 250K per account, that money will be toilet paper anyway because we'll just monetize the obligations.
Yeah, maybe you're right. Maybe leaving money in a sector of the economy that's imploding left and right with an underfunded FDIC is the best way to go. Oh, and if they indeed fund the FDIC fully to the tune of 250K per account, that money will be toilet paper anyway because we'll just monetize the obligations.
It's actually 100k, but I took your post at less than half of it's face value anyway, so it all evens out
There are lots of middle class families who have over 100k money in the bank..... okay I will stop laughing now...
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