Bank Bail Ins: Everything You Need to Know

The good news is, bank bail outs are now against the law in the US. The bad news is bank bail ins are.Show more

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This means instead of your tax dollars being used to reward reckless bank decisions, the money could come directly from your account. We dig into the details of who is vulnerable, who is protected by the FDIC insurance, and how you can spread out and reduce your risk.

Link to FDIC ownership categories: https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/

Chapters:
0:00 Intro
0:22 What's a Bail-In?
2:23 Thank you Patriot Gold Group for Sponsoring This Video!
3:41 Bail-In Basics and Cyprus
5:30 The Dodd-Frank Act
6:58 How to Reduce Your Risk
9:10 The Ugly Truth About FDIC Insurance

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