Super shallow and confusing article. One of the counter arguments for savings account presented in the article is that it’s “risky” because deposits over 250k

Super shallow and confusing article. One of the counter arguments for savings account presented in the article is that it’s “risky” because deposits over 250k are not insured. As we have seen with SVB all deposit holders were bailed out even above that limit and in case of Apple account, the entire Goldman Sachs would have to go bankrupt for a similar situation. I’m curious to see what startups will emerge that will make it more worthwhile (risk/reward) to invest than a stable 4% every year. I think on the broader stock market some staple stocks like food and oil companies are probably going to outperform the savings rate but not without risk.