21 Maybe this is how they do the bail ins: 1) Oops all these banks failed all your money is gone 2) FDIC can only has so much money 3) You should be grateful for getting 75% of your money back (media.conspiracies.win) posted 1 year ago by KiloRomeo 1 year ago by KiloRomeo +21 / -0 11 comments download share 11 comments share download save hide report block hide replies
That is exactly what a bail in is. Instead of printing money, they just take yours
new levels...
People were lining up outside in the rain to get their money out yesterday.
https://www.zerohedge.com/markets/yellen-says-government-will-help-svb-depositors-no-bailout-fed-fdic-hopes-talk-special
Perhaps this is why Gates bought farm land. Maybe he saw it coming and wanted to lock in his gains
Ask the Greeks and Cypriots for further details.
FDIC will get sued id they don't follow the law. There's no, " you should be grateful".
Do they have the money though? Looks like they only have $94 billion as of 2017
https://www.fdic.gov/about/financial-reports/report/2017annualreport/section5-01.html
They knew the law. They're going to get side, and they'll lose.
Well normies might not but svb depositors will