Hmmm....I wonder which government entity was mostly responsible for this? Hmmm...I wonder which one?
Hmmm....I wonder which government entity was mostly responsible for this? Hmmm...I wonder which one?
It can happen again, and very soon, perhaps next month into year-end. If you have large deposits, withdraw cash now. Before the banks deny you access to your savings. As they fail, they will claim bail-in rights and convert your cash accounts to shares of the bank - which will guarantee destruction of your savings. Always good to have cash on-hand at home when the banks go under.