Banking Collapse | EMERGENCY PODCAST | "FDIC Can't Handle This. The FDIC Insurance Fund Is 0.03% of Bank Deposits. $125 Billion of FDIC Liquidity Backing Up $9.5 Trillion of Deposits. If Just Two Banks Fail That's It. It's Gone."
Banking Collapse | "FDIC Bailouts Are Happening Now Are Going to Drain the FDIC. The FDIC Only Have a Maximum of $125 Billion In Its Insurance Bailout Fund to Start With. And the Value of the Dollars That You Have Will Continue to Erode." - Mike
Silicon Valley Bank | "It's Important That People Understand They Can Be Bailed In, But You Don't Want a HUGE Run On the Institution, But, There Are Going to Be." - FDIC (11/22) Fact: FDIC Insures $9 Trillion of Bank Deposits w/ $125 B
CBDCs | "I Think You Scare the Public If You Put This Out. Should I Be Concerned About My Bank." - The FDIC’s Systemic Resolution Advisory Committee (SRAC) - November 2022