5 ms·

> there is truly no downside What about FDIC?

• hatch7 3y ago
  [flagged]
  • aaomidi 3y ago
    My dude the feds have consistently bailed out more than the minimums. If FDIC ever fails, then these ETFs are likely to crash with them due to the sheer “wtf” moment that would be.
    • TMWNN 3y ago
      >My dude the feds have consistently bailed out more than the minimums. You mean "maximums". And, no, that's not true. IndyMac customers got back about 50 cents on the dollar for non-insured deposits. The typical non-insured depositor in post-2008 bank failures (all tiny, until SVB and Signature) got about 75 cents on the dollar.
      • deleted 3y ago
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      • deleted 3y ago
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