Republic Bank Collapsed Late Last Night | Hundreds More Coming

ThisisJohnWilliams
ThisisJohnWilliams
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2024-04-27に共有
💥 A Bank Failed Last Night | This Data Suggests a 1929 Style Event is Coming 💥
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コメント (21)
  • @Rochelletrem
    More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
  • @kevinberta8741
    If the government owes people money through the FDIC, I guess those people should just stop paying taxes until it is even! If the government doesn't have to meet their obligation, then neither do the taxpayers.
  • @DorathyJoy
    About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?
  • @deweyp2376
    Banks always go out of business on a Friday, by Monday there is a new Chase sign on the front. my tax dollars at work
  • @davehendricks4824
    It’s time to wakeup and realize this is no accident. Those at the top have planned this for years. And much more.
  • @jjjackson5183
    As soon as people figure out that their money isn't aecure, there will be a run. That is a serious issue.
  • @briankelly85
    “The more I get to know people the more I like my dog” Mark Twain
  • @Litterbaux
    The last time I ran the math the FDIC only has 1.1% in reserves to cover FDIC insurance of 250k. Let that sink in. Luckily for you and me the money we use is basically monopoly money at this point so they'll just print it.
  • @Ace1000ks19751982
    In the 1980s, we had the savings and loans scandal, and the bank my father was banking with went under. The FDIC gave him all his money in a period of 3 years. They will not give it all at one time, they will extend it out.
  • @ChurchAutoTest
    Never heard about the zero reserve requirement. Fractional reserve banking has enough risks, but zero reserve is fundamentally insane IMO.
  • @stephfran9761
    Yesterday, I attempted to explain the FDIC and what'll occur if the economy implodes. "I'm insured if the Bank fails", sure, right after all the Big Boys get paid first, good luck with that!
  • @brianlee2646
    People have no idea just how bad things are about to get.
  • @umbro12
    $18 bks a pint, $45 bks pkt 30 cigarettes, in Australia, meat vegs, very high, all houses in Victoria one million, gonna be a big bust here soon,
  • @marivega3294
    Wow if your video hadn't popped up in my feed I would've never known!
  • @pleskbruce
    You are correct. FDIC can cover less than one percent of total bank deposits, so if it's a big bank run, it'll be like, or worse than, the depression which happened before the FDIC was born. In fact, the FDIC could only cover 9% of the deposits of Wells Fargo Bank (only), let alone the deposits of the other 4,000+ banks in the U.S. This should make it clear why banks have to make sound loans. It's the loan portfolio that can sink a bank.