Thebrownblob
Well-Known Member
Seems the FDIC new quite some time ago there were some real problems. Wanted to keep it quiet.I'm cashing on my 401k and buying Bitcoin
Seems the FDIC new quite some time ago there were some real problems. Wanted to keep it quiet.I'm cashing on my 401k and buying Bitcoin
Not 100% sure but something is rottenIt looks like the bank may have been intentionally crashed. The 90% that had millions (some had billions) in the bank as part of special deals that required they bank exclusively with SVB. The CEO cashed out just before this happened.
Yellen speaks tomorrow... Let the panick begin.
Those aren’t FDIC insured.What if a 401k has more that $250K?
I guess the old saying don't keep all your eggs going baskets still appliesSeems the FDIC new quite some time ago there were some real problems. Wanted to keep it quiet.
Fed is in a no-win situation, needs to raise interest rates to cool inflation. In the process they’re going to crash the banks.
Fed is in a no-win situation, needs to raise interest rates to cool inflation. In the process they’re going to crash the banks.
I think you’ll be surprised how many may have “bet” wrong. Shortly.Crash the banks that bet wrong.
That’s really all it is: gambling.
A responsible country doesn't compromise on whether to pay the debts they've already racked up. The debt ceiling should be pro forma.They need a compromise.
0% interest on the national debt credit card has expired
SVB was under $250 billion until recently.I think you’ll be surprised how many may have “bet” wrong. Shortly.
Don't worry.What if a 401k has more than $250K?
I like Dalio but this is a misleading video with his voice to try to lend it some sort of credibility.
SVB. But data submitted to the FDIC by the bank at the end of 2022 showed that 89% of its $175 billion in deposits were uninsured. Wow….I can't remember the exact number but I believe it was around 79% of the deposits in that bank was not FDIC insured because they was over the limit
Don’t do it….I'm cashing on my 401k and buying Bitcoin
The only thing I'm doing is staying out of debt making sure to my house as well stocked upDon’t do it….
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I said so also until I did the work and found out it was the biggest network on the planet. Tried to poke holes 🕳 but it adapts always……The only thing I'm doing is staying out of debt making sure to my house as well stocked up
And Bitcoin will be the next beanie baby
What's the national debt problem you do not think they will find a way to come after crypto?I said so also until I did the work and found out it was the biggest network on the planet. Tried to poke holes 🕳 but it adapts always……