US Banking System at Risk: FDIC Hiding Truth

 The US banking system is at risk of collapse and the FDIC is hiding the true state of the banking sector, raising concerns about public trust in the system.

Key insights

• 🤐The FDIC tried to hide the severity of the banking crisis, fearing that revealing the truth would cause panic and loss of trust in the banking system.
• 🤐The closed-door secret meetings between bankers and the FDIC suggest that they have knowledge about the vulnerability of the banking system that the public is unaware of.
• 🕵️‍♂️Banks were caught lying about the amount of uninsured deposits they had, raising concerns about transparency and trust in the banking industry.
• 🤔The FDIC tried to hide the incorrect reporting of uninsured deposits by major banks, raising suspicions about their transparency and accountability.
• 🤔The leaked footage suggests that the FDIC is aware of the flaws in the U.S banking system and lacks transparency.
• 💥The collapse of a major bank, Pac West, and its subsequent merger with Bank of California raises questions about the stability and trustworthiness of the banking system.
• 💰The US banking system is not strong and has not fully recovered from the banking crisis, with the risk of banks collapsing due to concentrated exposure to commercial real estate.
• 💰”I would not have more than 250,000 in the bank and I would not even have two hundred thousand dollars in the bank because the FDIC doesn’t have enough funds to cover it.”

……..more here

Click here for reuse options!
Copyright 2024 Hiram's 1555 Blog