In the US, we have FDIC or federal deposit insurance that will insure up to $250,000 per bank…

If a bank goes bankrupt then the customers become unsecured creditors. This means you get the scraps that are leftover after all the big shots and CEOs tear off all the j…
What I’m Doing as the Recession Gets Worse (To Avoid Going Broke)
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Tim Denning
Joseph Grannum Reno
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Oct 11, 2022
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In the US, we have FDIC or federal deposit insurance that will insure up to $250,000 per bank account, just so readers know about that. The federal government is guarantor for those deposits.
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Written by Joseph Grannum Reno480 Followers
·211 Following
Contemporary politics and ethics
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