Thebrownblob
Well-Known Member
There is a few left, but they will fall. There really is no way around it. The currency is their sandbox and we’re just playing it.
Bank of America / UPS Go Their Separate Ways
- Thread starter over9five
- Start date
Isn't that our risk to take? I never asked nanny gubmint to "protect" me.The banks would all rape us if it weren't for government standing in the way. But you might think that's a commie way of looking at it.
See: FDIC... Wells Fargo restitution...
Thebrownblob
Well-Known Member
Wasn’t that nice of them to “protect us” after they took us off the gold standard and our money is just pretend.
What card are we speaking of?
Over70irregs
Well-Known Member
Swan app
Over70irregs
Well-Known Member
January will be ugly. Pensions are at risk of contagion. RE, bond, private equity will get margined called.
Thebrownblob
Well-Known Member
Pensions and Social Security benefits will be the first thing to get In with CBDC there’s a reason the government bailed these pension fund out. It’s always a carrot with a hook.
Next Day Error
X - Other
Trust me, I’ve studied enough of the pure chaos of the before-times to know how insane it is to have all these banks issue their own currency and for there to be no rules. You don’t wanna live in that world.
Jackburton
Gone Fish'n
Imagine signing up for a UPS CC when you could milk so many other CC for rewards.
542thruNthru
Well-Known Member
NFCU!
Over70irregs
Well-Known Member
Man….. your right. Will absorb like a sponge.
govols019
You smell that?
You think the UPS card doesn't have rewards?
Over70irregs
Well-Known Member
Just more stops is the reward
DriverNerd
Well-Known Member
Jackburton
Gone Fish'n
Compared to tons of other cards, no. Name me any category or reward type and I’ll beat it with a better card.
Over70irregs
Well-Known Member
Fold app…….. now go…
govols019
You smell that?
How many cards do you have?
What's on your wallet?
Over70irregs
Well-Known Member
Debt….
some1else
Banned
FDIC guarantees your bank account up to something like 250,000?The banks would all rape us if it weren't for government standing in the way. But you might think that's a commie way of looking at it.
See: FDIC... Wells Fargo restitution...
Let me propose 2 scenarios
1. You bank account is not guaranteed by the government
2. It is
In Which of these scenarios would you do more due dilegence in the banks business practices, reputation, risk taking etc.
do you think some of the bad behavior like the sub prime loan stuff would be able to happen if people had any concern their deposits were at risk?
Does fdic insurance really protect the consumer or just let the banks engage in riskier behavior?
