Comments by "looseycanon" (@looseycanon) on "The Coming Bank Crisis" video.

  1. Man, if you're running the problem, of not being covered by the usual insurance policy, your problem is not the banks. Your problem is overexposure to a single market. Holding that much money "cash", unless you actually need that for cash flow is bad business. You need to be in productive assets with that money and that means companies, houses (to rent out), metals... just not cash, because, contrary to mainstream economy, money is NOT a store of value. It's strictly facilitator of trade and therefore you treat it as supply, not an asset.
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