The only truly viable deposit insurance is from the government, because they can print money What good is private insurance from an insurance company if they g

The only truly viable deposit insurance is from the government, because they can print money What good is private insurance from an insurance company if they go insolvent because of massive numbers of bank failures So, now the answer to your question is a political one: are we willing as a society and government to potentially put that much taxpayer money at risk. I think it's a perfectly valid discussion to have, but it's one we haven't had yet, and one we refuse to have until the shit has hit the fan