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> At what point does an investment with Apple actually become just as safe if not safer than the FDIC? Apple would have to be backed by something other than th
by bobleeswagger 3y ago
> At what point does an investment with Apple actually become just as safe if not safer than the FDIC?
Apple would have to be backed by something other than the dollar for this to be remotely possible.
- slg 3y agoThat is assuming that the only reason the government wouldn't pay out FDIC insurance is collapse of the dollar (or that refusal to pay would cause the collapse of the dollar). I don't think that is the case. I would put the odds of the US government doing something stupid much higher than the collapse of either the dollar or Apple.
- skizm 3y agoThey’re backed by iPhones.
- EVa5I7bHFq9mnYK 3y agoGoogle search seemed eternal unbreakable monopoly only a couple months ago.