I guess the bank crisis is not over like Biden said. And once again all deposits at all levels are guaranteed by the government.
You cannot collect fees to cover $250,000 in deposits then just go ahead and guarantee all deposits. The system will fail. The economy will crash.
So just what is Biden’s endgame here?
May 31, 2016
May 24, 2016
I guess the bank crisis is not over like Biden said. And once again all deposits at all levels are guaranteed by the government.
You cannot collect fees to cover $250,000 in deposits then just go ahead and guarantee all deposits. The system will fail. The economy will crash.
So just what is Biden’s endgame here?