I stopped reading when he said that there had been a collaboration to treat all deposits as liabilities.
Deposits have been considered liabilities on the balance sheet since there have been banks and balance sheets.
FDIC insurance, as any insurance does, falls apart when the losses cannot be spread across a wide range of risk.
Take a few minutes to understand how stuff works and you will see that these guys do not understand the basics of money and banking. I think it was a junior level undergrad course. There are plenty of ways we will all get screwed. These just are not among them.
Of course. That's the nature of banking.
QE proves that they can print money faster than it can be spent, which is no small feat.