>> So, let’s say you put up $10 billion as colatoral
Sorry. I have a really, REALLY tough time swallowing “financial wisdom” from someone who can’t even spell “collateral”. ROFL!
Either the Cubs will win the World Series this year....or they won't. Or maybe an asteroid will destroy the Earth and no one will win.
Either way, we'll have a much better idea of where things are going soon enough.
LOL!
If I have $10B to put up as collateral (even allowing for a tidy salary for my new full-time proofreader), a bank run isn’t going to be much of a concern for me.
>Sorry. I have a really, REALLY tough time swallowing >financial wisdom
For starters, this is not financial advice. I’m merely reporting a summary of what many others are saying.