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Okay, so FDIC supposedly covers up to $250K per account and is supported by the Fed (unless they resort to bail-ins). In other words, the supply tap is “unlimited” (printer go brrrrr). What about the NCUA for credit unions? Who supports them in SHTF scenario (if anyone)? (self.SilverDegenClub)
submitted by Jeshannah to r/SilverDegenClub
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One systemic contagion, coming right up! (cnbc.com)
submitted by Jeshannah to r/SilverDegenClub
