21 NPCs must repeat the current phrase: "Don't worry the FDIC will save us." Truth is though, they only have $123 billion. SVB implosion alone was $173 billion + (only~$5 billion is insured) (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
Brings up another good point- some of these banks have huge amortized losses. Wow look at ALLY. Car loans in general are a powder keg