DAS KAPITAL: ‘A Mile-High House Of Cards’, Three Ways To Protect Yourself Before Your Bank Collapses – By Nick Giambruno SM Source – internationalman.com “…When a bank fails, the FDIC pays depositors up to $250,000. The FDIC has a reserve of around $126 billion for this purpose. Now, $126 billion is a lot of money. But, considering there are around $9.8 trillion in insured deposits in the US, $126 billion is just a drop in the bucket, around 1.3%, …Source
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