4 ms·
Why bother? It seems all deposits are in fact insured regardless of what rules say.
by gizmondo 4y ago
Why bother? It seems all deposits are in fact insured regardless of what rules say.
- toomuchtodo 4y agoThe wheel will not always land on zero. Everyone got lucky there was will to bend the rules.
- gizmondo 4y agoEveryone will now act as if all deposits are insured, because the authorities demonstrated that it's true. This in turn will make any other decision in the future even harder, it's kinda self fulfilling prophecy. Seriously, you'd have to be stupid now to buy deposit insurance.
- toomuchtodo 4y agohttps://www.cnbc.com/2023/03/16/svb-signature-bank-failures-yellen-says-us-banking-system-is-stable-and-deposits-remain-safe.html https://www.cnbc.com/2023/03/16/svb-signature-bank-failures-...