3 ms·
> Is FDIC going to fail? Obviously not. I wouldn't say that. Why are there bank runs on failing banks that are FDIC insured? Do people not trust it?
by theandrewbailey 3y ago
> Is FDIC going to fail? Obviously not.
I wouldn't say that. Why are there bank runs on failing banks that are FDIC insured? Do people not trust it?
- toomuchtodo 3y agoUnsophisticated humans or mismanagement of risk (uninsured cash equivalents). Fear is a feeling, risk can be measured and mitigated.