The FDIC is funded by the same kid fuckers who fund the banks themselves. Bank collapses are consolidations towards a single, global digital exchange system. IMHO.
Yes, part of what made the bank failures during the Depression so bad, was the insiders knew which banks would be saved by the feds and which wouldn't. If you had your $ in a bank that wasn't propped up, you were hosed.
Thank you for the reply. I expect the occasional bank closure, but if the pace picks up it will be a red flag. Hiding a closure may indicate others are soon to follow and they don't want to give us dots to connect.
No, unless you can show they are gearing up to blame a crash on him you don't know that. That's a solid theory though. It's becoming inevitable that he will win at this point though.
XRP is not a real cryptocurrency, it is centrally controlled by some company, they can track and freeze your funds at any time.
Monero is digital cash, no one can touch your funds.
I am not giving investment advice, just letting you know if you are looking for digital cash Monero is it. You should hold it in your own self custody wallet, like Cake Wallet or Feather wallet for PC.
Most of those other cryptocurrencies looks like scams. Monero and Bitcoins are things I myself use. Also, that government crypto is likely to be an inflated fiat-bombs eventually.
We just had some big failures, such as Silicon Valley and FTX. The FDIC is working, somewhat, as intended.
There will be more, for a lot of banks are underwater in US Treasuries. There are stories on this at Zerohedge, if anyone wants to research it.
Seems to me the FDIC should be attempting to prevent major banks collapsing, rather than picking up the pieces.
What are they going to do, bail them out harder?
The FDIC does do that, prevent collapses that is, but I'm not sure how often.
The FDIC is funded by the same kid fuckers who fund the banks themselves. Bank collapses are consolidations towards a single, global digital exchange system. IMHO.
And sometimes they let the smaller banks fail to further consolidate power. But not all at once, it's managed
Yes, part of what made the bank failures during the Depression so bad, was the insiders knew which banks would be saved by the feds and which wouldn't. If you had your $ in a bank that wasn't propped up, you were hosed.
What bank was that? I'm surprised I didn't hear about it already
Thank you for the reply. I expect the occasional bank closure, but if the pace picks up it will be a red flag. Hiding a closure may indicate others are soon to follow and they don't want to give us dots to connect.
My guess is a controlled market collapse to introduce cbdc's although I don't think it's gonna happen this soon.
They won't collapse the market unless Trump wins, or is allowed to win, and after he takes office, so it could be blamed on him.
No, unless you can show they are gearing up to blame a crash on him you don't know that. That's a solid theory though. It's becoming inevitable that he will win at this point though.
Start migrating your wealth out of their system and into gold, silver, and Monero.
https://moneromeans.money/
This is a great idea. I'm not a proponent of crypto, but I do have some, and Monero is one of the three I have.
XRP is not a real cryptocurrency, it is centrally controlled by some company, they can track and freeze your funds at any time.
Monero is digital cash, no one can touch your funds.
I am not giving investment advice, just letting you know if you are looking for digital cash Monero is it. You should hold it in your own self custody wallet, like Cake Wallet or Feather wallet for PC.
Monero essential knowledge https://odysee.com/@moneromike:1/Monero---The-Essentials:6
Most of those other cryptocurrencies looks like scams. Monero and Bitcoins are things I myself use. Also, that government crypto is likely to be an inflated fiat-bombs eventually.