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> More than 80% of our total bank deposits fall within the FDIC insurance limits That's all you need to hear right there.
by ericpauley 4y ago
> More than 80% of our total bank deposits fall within the FDIC insurance limits
That's all you need to hear right there.
- s1artibartfast 4y agoWhy would that be the key takeaway? It says nothing about their liquidity. It just means that there are fewer people incentivized to make a run.
- ericpauley 4y agoAs long as (FDIC Deposits + Clearly liquid assets) >> 100% it’s hard to imagine a bank failure unless people are profoundly stupid.