[delta7]

Bail ins….explained but not clear to me.

https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp

…. “Are Bank Bail-Ins Legal In the United States?
Bank bail-ins are legal under the Dodd-Frank Wall Street Reform and Consumer Act.
5
Banks have the authority to use debt capital as equity to avoid failure. This includes capital from unsecured creditors, common and preferred shareholders, bondholders, and DEPOSITORS whose account balances exceed the FDIC-insured limit of $250,000.”

[patriot torch]

I’ve been learning of this impending crisis by a real estate investor on youtube named “The Economic Ninja” Also as “The Real Estate Ninja”

Is Your Bank Account Insured By The FDIC (Warning Leaked Tape)

https://m.youtube.com/watch?v=LrUId8JMkno&pp=ygUOZWNvbm9taWMgbmluamE%3D