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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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54068819 No.54068819 [Reply] [Original]

FDIC IS UNDERFUNDED. IT REALLY IS A HAPPENING TOMORROW! DEPOSITORS ARE ONLY INSURED FOR 10-20% OF $250K. US HAS NO MONEY, NO BORROWING POWER SINCE REACHING DEBT CEILING EITHER. THIS IS A CATACLYSMIC SERIES OF EVENTS. AHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.54068862

>>54068819
so we moon tomorrow. got it thanks

>> No.54068890

The entire financial system is a con game.
They (finance jews but not only jews) lie lie lie to build confidence among the normies, who then use the financial system, from which they (finance jews but not only jews) skim money from and convert it into real goods and services (forced DEI / ESG policies, foreign intervention, nationbuilding, cultural destruction and restructuring, etc.). When the financial system collapses, it doesn't matter to them (finance jews but not only jews) because they've already got the real world value out of it. Who cares about the normies they were going to be genocided anyway.

>> No.54068915

>>54068890
Why don’t the normies care

>> No.54068922

>>54068819
They're only going to cover private accounts?

>> No.54068932

>>54068915
They do, but it is irrelevant because they have no power.

>> No.54068942

Amerigolems get what they fucking deserve.
How's that jewkranian money out of taxpayers doing?
How's enforcing globohomo via NGO's doing?

Get fucked

>> No.54068960

>>54068819
robbing peter to pay paul while you send all the money to shitkraine

>> No.54068968

>>54068915
Normies are too retarded to see anything but their latest sports event or Netflix show

>> No.54069074

>>54068915

Some care but what can we realistically do. People have lives jobs families and other stuff that matters in their life. And at the end of the day life moves on.

People will only care when it directly effects them.

>> No.54069108

>>54068819
wtf why is my country bailing out a shit US bank?

>> No.54069165

>>54069108
Because your country is a part of the matrix.

>> No.54069235

>>54069074
If I went to get money out of a bank and got told no, I would leave in handcuffs. If you can’t give me my checking account and savings balance I will sperg out

>> No.54069241

>>54068968

And why haven't you done anything about it yourself you know of their evil and you know what must be done. So why haven't you done anything about it.

Not a glownigger but just answer the question and you will recieve the answer as to why everyone else hasn't done a damn thing about it either. Don't pretend your so high and mighty as most normies when you are blessed with the knowledge of knowing and yet you continue to do shit.

You are in the same boat as everone else put up or shut up.

>> No.54069311
File: 116 KB, 428x500, R96d38a0a4330e9c3b7207d5af689ef19.png [View same] [iqdb] [saucenao] [google]
54069311

>>54069235

>You will do nothing goyim.

Prove me wrong. Prove the jews wrong.

>> No.54069365

>>54069241
Because I haven’t been denied my $ yet you retard. Am currently moving $ into brokerage accounts to profit off normie chaos tomorrow.
For what it is worth I’ve been stocking up on the most precious of metals: brass.

>> No.54069569

>>54069365

When it directly effects you will it be to late. I hope you are denied your $ so that the blood of dead bankers will dlow through the streets but I expect that you will do nothing but whine bitch and moan about it on 4chan like every other goy nigger cattle.

Prove to the world you are not a domesticated nigger cattle fight back.

>> No.54069615

it doesnt say its underfunded in a terrible way, they are just securing funds, why are you sperging out?

>> No.54069625
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54069625

>>54068819

>> No.54069702

>>54069615
Jew go home! Jew go home! Jew go home! Jew go home!

>> No.54069786

>>54068819
>makes up random assertion
Yawn. Sage. It says the complete opposite in your article. You have to be 18+ to use the internet. I can’t wait for digital ids so you faggots stop posting.

>> No.54069802
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54069802

IT'S HAPPENING!
>IT'S HAPPENING!
IT'S HAPPENING!
>IT'S HAPPENING!
IT'S HAPPENING!
>IT'S HAPPENING!

Because of the suffering that will come from this crash, many will be forced to eat the fruit of the womb, the flesh of their sons and daughters. Even the most gentle and sensitive man among you will have no compassion on his own brother, or the wife he loves, or his surviving children,and he will not give to one of them any of the flesh of his children that he is eating.

>> No.54069803
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54069803

In what form does FDIC have it's $ for depositors? Do they have physical reserves? Or a variety of assets? Can't find the answer online but I'm dying to know if anyone can find a link?

>> No.54069848

>6 gorillion shills appear
>everyone posting about 250k
>woah turns out fdic is broke
>nobody here is surprised
Like no fucking shit this was going to happen

>> No.54069849

>>54069569
Which agency are you from?

>> No.54069868

>>54068819
Obviously. The FDIC created moral hazard that made the financial system even weaker.

>> No.54069889

>>54069802
The opposite will happen city slicker. Those with loose ties will realize it's time to circle the wagons

>> No.54069904

>>54068915
they will when the lines outside of banks hits the news tomorrow

>> No.54070005
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54070005

>>54068819
>backed by the full faith and credit of the united states government

>> No.54070080

For people reading this from Australia or Canada, here is some info:

In Canada the insurer is called the CDIC and they pretty much only cover chequing and savings accounts and GICs. You are only insured up to $100k. CDIC is funded by Canadian government bonds.
>https://www.canada.ca/en/financial-consumer-agency/services/banking/deposit-insurance.html

>https://www.cdic.ca/what-happens-in-a-failure/resolution-funding/

1/2

>> No.54070156
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54070156

>>54068819
Oh wow. If only there were assets not dependent on the good faith and credit of the United States...

>> No.54070158

In Australia the insurer is the FCS. Australians are insured up to $250k and it does not cover Australian bank branches held in other countries or any accounts in non-Australian dollars (so USD accounts are not covered). Non-Australian residents in oz are covered though
>https://www.apra.gov.au/frequently-asked-questions-about-banking-and-financial-claims-scheme

>> No.54070594

>>54069803
Found the answer
>https://archive.is/FFXLk
FDIC has all their money in US government bonds. I don't know what term length they get though

>> No.54070745

what is the mood of the FDIC office like in the lead up to one of these bank closings? Are they all working intense overtime and crunching in the 24-48hrs prior, or is it just another week at the office where most people work there 9-5s (except at the end of the week they waltz down to the bank and slap an FDIC sticker on it)

>> No.54070853

>>54070745
> government agency
> do work
Kek

>> No.54071229
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54071229

>>54070745
With these degenerates, there will be confusion and rebukein everything they put their hand to, until everything around them is destroyed and comes to sudden ruin. They will be afflicted with madness, blindness, and confusion of the mind.At midday, they will gropeabout like a blind person in the dark. They will be unsuccessful in everything they do; with no one to help them, or guide them, or rescuethem in any way.

>> No.54071310

>>54068819
So what are your plans for tomorrow anon?

https://strawpoll.com/polls/kogjkJvwqZ6

>> No.54072722

>>54068915
>Why don’t the normies care
>>>/pol/
go ahead and see what people that "care" are interested in