FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Impending Market Collapse
Have money in your bank and you think it is safe with the FDIC insurance? Here is a short 1-minute clip of the 3.5 hour closed door FDIC meeting back in November 2022 that got leaked.
The FDIC believe it is best not to inform the public of the real situation and that SMART MONEY like Institutions will figure it out as they don't want a run on the banks with the public withdrawing their money. They know an impending financial collapse is coming and like any insurance company they have 1% of the total amount to cover everything. Do the math.
In a BANKER BAIL-IN your MONEY is the banks money and then they issue you shares of a bankrupt bank that you are a new shareholder in. In 2013 Cypress did a banker bail in where all the politicians knew ahead of time to pull their money but the people didn't know.
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