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just think
spasmcreek
Member Posts: 37,724 ✭✭✭
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What do you think they will Say.
if just (1) ONE of the BIG banks in AMERICA goes bust it will wipe out the FDIC insurance fund on hand ..JUST ONE....gives one a real sense of security .....oh yeah...they can really only cover a miniscule amount of the deposits total ...your $250K limit is a pipe dream
It'll start an avalanche. Those depending on bank funds will be up a creek.
Invest in commodities- silver and lead...
if just (1) ONE of the BIG banks in AMERICA goes bust it will wipe out the FDIC insurance fund on hand ..JUST ONE....gives one a real sense of security .....oh yeah...they can really only cover a miniscule amount of the deposits total ...your $250K limit is a pipe dream
Horse crap. They would just print more ones and zeros and SHAAZAM you got your 250K back.... Of course it would take 250K to buy a pile of pig scat, but hey man, 250K is 250K right....
I won't have to worry about paying my mortgage, car payments or credit card anymore...gotta look at the silver lining.
I'm with you.
Our type will be the last men standing IMHO
"may you live in interesting times"
It's more than a possibility lately.
quote:Originally posted by shilowar
I won't have to worry about paying my mortgage, car payments or credit card anymore...gotta look at the silver lining.
'Tis far better to owe no one .... no mortgage, no car payments and no credit card debt.
that means NO INTEREST and MORE $$ in your pocket.
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^^^^^^^^^This!