@stan1m1r

LET THAT SINK IN It’s been more than 2 years since Silicon Valley Bank failure (March 10 2023), and the FDIC’s deposit insurance fund is still recouping losses from that one collapse! Can you imagine what would happen if a major bank failed?! People are so clueless and have no idea that the total deposit insurance fund only covers 1.25% of insured deposits! There aren’t enough funds in the deposit insurance fund to make all depositors whole again! Everything operates on a fractional reserve system!!!

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