"Debt maxing" is not necessarily good solution because asset prices themselves are likely to falter amidst such. Finding a source of passive cash flow seems the best defense (this is not financial advice).

I was a banker for a couple of years at one of the larger banks.

All of their “agreements” you sign to open an account state this bluntly in the fine print:

(Look if you don’t believe me)

“When you deposit dollars into your account, they are accounted for as credits, with each credit worth one dollar.” It will then go to further state, that your money is basically a micro-share of the overall banking corporation that owns and insures the bank YOU THINK is holding your money. In other words. YOU’VE ALREADY “BAILED-IN.”

Move your money into a CREDIT UNION right now is my not financial advice. They function the same as a bank, but most are non-profits that MUST by their charter, have liquid assets to back up the funds in the account. Now, their liquid could go to shit, because it’s usually in the form of real estate and automobile loans that they can repossess the cars on… but at least it’s something. And i trust NCUA way more than the FDIC.

from article: https://speculareffect.files.wordpress.com/2023/03/94427165fab0cd546b6757f55875835f.jpg