Comments by "k98killer" (@k98killer) on "CRITICAL! The FDIC Just Gave A DIRE Warning To All Americans!!!" video.

  1. The Fed is likely to go first, though. Their realized losses and negative net interest margin (i.e. expense) are huge. Go to FRED and look up "remittances due Treasury" to see for yourself. They'll be bankrupt by the end of the year.
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  2. Credit union deposits in the US are insured by NCUA, which has the funds to cover about 0.4% of insured funds iirc. Credit union members are already considered equity owners, so they are not at risk of a bail-in if I'm not mistaken.
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  3. This is how the FDIC has always been. The 2008 bailout was to preserve the eurodollar system; if it had just been a matter of American depositors, the banks would have been closed down on the weekend, all the deposits and good assets placed in a new institution, and then the old bank with toxic assets left to collapse and wipe out the investors. My understanding is that the FDIC has been able to make depositors whole and turn a profit doing it, though they have had to plug the holes a few times using their own funds. Even in a systemic collapse, some institutions would be left standing, and new institutions would be set up to replace the ones that fall, so there's a decent chance that depositors will only get screwed if they're foreigners.
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  4.  @polywog9591  historically speaking, central banks in the US die when they go bankrupt, but we'll see
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  5.  @HarpazoReady2022  over 90% of money and transactions already are solely digital in form. They can already deduct from your account if they so choose.
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  6.  @HarpazoReady2022  it is. The language it is programmed in is legalese.
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